New Delhi, April 7 -- Following a massive carnage on Wall Street last week, Asian markets mirrored the trend in Monday's trade, with stocks in India, China, and Japan witnessing a sharp selloff. Investors' worries grew about Donald Trump's trade actions, seen as potentially bringing the global economy to its knees, prompting investors to extend their risk-off stance, causing equities to bleed relentlessly.

All major Asian markets opened in deep cuts in today's trade, April 07, with the Indian stock market being no exception as both the Nifty 50 and Sensex plunged over 5% at intraday lows. Hong Kong led the regional losses, with the Hang Seng Index tumbling 11.60%, while China's CSI 300 dropped 7.5%.

The Nifty 50 opened with a 1,146-poin...