Investors turned wary of escalating trade war tensions between US and China as the former threatened another round of import tariffs on USD 200 billion worth of Chinese goods. This rattled the Asian markets, which had a weak handover on India as well.
from Moneycontrol Market Reports https://www.moneycontrol.com/news/local-markets/an-evening-walk-down-dalal-street-|-bears-have-it-their-way-sensex-tanks-500-points-nifty-gives11400-amid-weak-rupee_11431281.html
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