The Nifty50 on the National Stock Exchange also dropped over 500 points to fall below the 9,500 mark.
The Sensex was trading at 31,960.19, lower by 2,143.29 or 6.28 per cent from the previous close of 34,103.48.
It opened at the intra-day high of 33,103.24 and has touched a low of 32,206.23 points.
The fall in the domestic indices was in line with the decline in Asian markets.
Apple has been shifting some areas of iPhone production from China to other markets, including India, where it started manufacturing iPhone 13 this year, and is also planning to assemble iPad tablets
Oil slips to six-month low as recession fears weigh after a brief rally as concerns about the prospect of a global recession that would weaken demand overshadowed a report showing lower US crude and gasoline stocks
Users can pay for services using international payment options
Indian refiners lifted more term supplies from Saudi Arabia as prices were attractive while prices for Russian supplies have climbed on robust demand
The Washington-based lender said Saudi inflation is expected to remain at 2.8 per cent for the year
Within six hours of his tweet, Musk’s message had attracted more than 500,000 ‘likes’ on the club’s main Twitter account — though some users didn’t take it too seriously, comparing his tweet with his troubled run at buying Twitter
The move follows a decision on April 1 to ban other Russian metals including copper, lead, primary aluminium and aluminium alloy from British warehouses