Domestic benchmark indices BSE Sensex and Nifty 50 closed deep in red on Monday amid bearish market sentiment. S&P BSE Sensex tanked 586 points or 1.10% while the NSE Nifty 50 index fell 1.07% to end at 15,752.

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Asian stocks were down on Tuesday morning as fears grew that the spread of the Delta variant of the coronavirus would hurt the global economic recovery caused riskier assets, including oil, to slip sharply.

At 9:22 a.m., the Sensex was down 228 points to 52,325 and the Nifty 50 Index fell 61 points to 15,691.