India, April 7 -- Indian shares plummeted on Monday, tracking weak cues from global markets as White House officials showed no sign of backing away from their sweeping tariff plans.
The benchmark S&P/BSE Sensex was down 2,720 points, or 3.6 percent, at 72,620 after tariff woes and fears of a recession wiped out nearly $6 trillion in value from U.S. stocks last week.
The broader NSE Nifty index fell 880 points, or 3.8 percent, to 22,025.
Selling was seen across the board, with IndusInd Bank, Mahindra & Mahindra, Kotak Mahindra Bank, Reliance Industries, TCS, Adani Ports, Infosys, Tech Mahindra, Larsen & Toubro, HCL Technologies and Tata Steel falling 4-9 percent.
ONGC and Oil India slumped more than 6 percent each as the price of crude o...