Mumbai: The benchmark index of Bombay stock exchange on Tuesday nosedived by 811 points to open at 30,836.19 tracking global peers.
The nifty of national stock exchange too plunged by 245 pts to 9,016.95.
The nifty registered intra days high and low at 9,044.40 and 8,969.70 pts respectively.
The global stocks were down after US oil prices slipped below $0 a barrel in overnight trade.
Announcement made by US president Donald Trump that he would sign an executive order to temporarily suspend immigration into US also impacted sentiment.
The Indian equity market was seen weak snapping a winning streak of last three sessions.
The sectoral indices include metal, auto, bankex, finance and energy dragged the market in opening trade.
The losers, maruti Suzuki tumbled down by 7.77 pc to Rs 4910, Tata Steel by 7.12 pc to Rs 266, Bajaj finance by 6.91 pc to Rs 2147.95, IndusInd bank by 6.90 pc to Rs 425.45 and Axis Bank by 6.06 pc to Rs 427.95.
The mid cap index was down by 2.02 pc and the small cap index was fell by 2.22 pc.In 30 scrips of bundle, 5 advanced while 25 declined.