Stock Market India: Sensex Recovers From 1,000-Point Plunge;

Stock Market India: Sensex Recovers From 1,000-Point Plunge; Nifty Trades Below 17,150: 10 Points

The Indian equity benchmarks continued to fall for the sixth straight session on Tuesday, tracking subdued global stocks. The benchmark BSE Sensex plunged more than 1,000 points to hit a day low of 56,410, while the broader NSE Nifty tanked over 300 points to hit an intraday low of 16,837. Both the indices recovered partially from the initial losses but stayed in red in early trade amid a highly volatile trading session. Asian shares and U.S. futures tumbled after a tumultuous Wall Street session overnight, with investors nervous about the situation in Ukraine and eyeing the U.S. Federal Reserve amid worries about a move to tighter monetary policy globally.

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