Volatility index, India VIX, saw a sharp surge of 27 per cent to 43.18 levels, suggesting heightened volatility in the markets.
Indian indices fall 4%; gloom prevails in other global markets also after Trump's dire warning
Rupee weakens against dollar; 10-yr bond yield inches up
Market participants said that China's manufacturing activity falling is a sign of a global economic slowdown
The Nifty 50 index closed at 9,871.5, after losing 281.5 points, or 2.85 per cent, in the last six sessions