India, April 6 -- Indian shares may follow global peers lower on Monday as tariff woes and fears of a recession weighed on risk assets, wiping out nearly $6 trillion in value from U.S. stocks last week.
Energy-related stocks may be in focus after the price of crude oil extended losses after plummeting to its lowest levels in over three years on demand concerns.
Asian markets were deep in the red, with benchmark indexes in Australia, New Zealand, South Korea, China, Hong Kong and Japan falling 4-9 percent.
U.S. stock futures opened sharply lower late on Sunday as White House officials showed no sign of backing away from their sweeping tariff plans.
Investors piled into safe haven assets such as bonds, the Swiss franc and the Japanese yen...