India, Feb. 11 -- Indian shares were sharply lower on Wednesday on fears of a trade war and potential inflation.
The benchmark S&P/BSE Sensex was down 808 points, or 1.1 percent, at 75,486 in early trade, extending losses for a sixth straight session. The broader NSE Nifty index dipped 232 points, or 1 percent, to 22,838.
Among the prominent decliners, IndusInd Bank, Reliance Industries, Adani Ports, Mahindra & Mahindra and BEL fell 3-4 percent.
HAL slumped 4 percent after IAF Chief Marshal A P Singh sharply criticized the company for the ongoing delays in the delivery of the Light Combat Aircraft (LCA)-Mk1A.
Ashok Leyland dropped 1.1 percent, RVNL plunged 5.6 percent and Siemens declined 2.6 percent ahead of their earnings results.
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