Indian Equity indices plunge as rupee falls further; Sensex down nearly 400 points
Both the S&P BSE Sensex and the NSE Nifty50 fell around one percent so far.
Globally, markets sentiments were subdued on concerns that the US might impose further tarrifs on Chinese imports.
Among the sectoral indices, heavy selling activity was witnessed in banking, auto and oil and gas counters.
The BSE Sensex, which had opened 38,348.39 points, traded at 38,003.89 points, lower by 385.93 points or 1.01 percent from the previous close of 38,389.82 points.
It has touched a high of 38,354.52 points and a low of 37,967.08 points so far.