Japan's Nikkei 225 index suffered a catastrophic plunge of 10% today, marking its worst single-day drop since the infamous Black Monday of 1987.
– Fears of a looming US recession – Recent interest rate hike by the Bank of Japan
The shockwaves from this crash have reverberated across the globe, with other major indices like India's Sensex and Nifty also taking a significant hit.
Investors are on edge as uncertainty clouds the global economic outlook. Experts warn of more volatility in the coming days.