India, March 11 -- The Indian Sensex dropped by 400 points during opening trade on Tuesday following a massive sell-off in the US market amid fear of recession.

As of 9.32 am, Sensex was down by 364.74 to stand at 73,750.

The Nifty tumbled 111.75 points to be at 22,348.55.

In New York, Nasdaq witnessed one of the major falls since 2022.

From its February high points, benchmark S&P 500 dropped by over 8 percent.

The sell-off was reportedly triggered by US President Donald Trump's remark where he suggested that tariffs could trigger a recession in the world's biggest economy.

"We're bringing wealth back to America. That's a big thing." He then added, "It takes a little time. It takes a little time," he said.

In morning trade on Tuesd...