India: Sensex crashes 363 pts as US-China trade talks derail
Mumbai, May 6 (PTI) The BSE Sensex Monday cracked over 362.92 points in line with global sell-offs amid renewed fears that trade negotiations between the US and China are on the verge of collapse.
Similarly, the NSE Nifty dived 114 points to settle below the 11,600-level.
In a sign of derailment of trade talks between the two global economic powers the US and China, US President Donald Trump on Sunday threatened to hike tariffs on USD 200 billion worth of Chinese goods.