Srinagar, April 7 -- US President Donald Trump's tariffs have unleashed chaos across the globe, plunging the Indian equity markets to their 10-month low and wiping out investor wealth of over Rs 20 lakh crore within seconds. Sensex opened nearly 4,000 points lower, sliding over 3.5% since its last trading session, while Nifty tanked over 1,000 points this morning.The crash follows a massive sell-off in Asian equities, panicked by Trump's radical policies, and US futures pointing at significant losses when it resumes trading this evening.

The tariffs - billed as the harbinger of a "golden period" for US industries - seek to undo trade practices that President Trump believes have been unfair. The tariffs are country-specific and go as high...