New Delhi, April 7 -- India's equity market registered its sharpest single-day fall in 10 months on Monday after US President Donald Trump's tariff tantrums roiled investors globally over the weekend. But a Mint analysis suggests the Monday blues needn't necessarily signal a prolonged period of doom and gloom, and, in fact, there could be some sectoral opportunities lurking around the corner.

The benchmark Sensex index opened Monday almost 4,000 points lower, and plunged nearly 3% during the day, as fears of an extended trade war and heightened near-term volatility gripped D-Street.

Mint's analysis showed that following the day's crash, Indian equities had logged the worst monthly advances-decline ratio over the past year. The Nifty Mid...