MUMBAI (Reuters) - India's stock markets slumped more than 3 percent in early morning trade on Monday, tracking big falls in their Asian counterparts as a rout in Chinese equities sparked widespread unrest in global financial markets.
The BSE Sensex fell 2.97 percent while the broader was down 3.03 percent at 9:49 a.m. That compared with a 4.4 percent fall in the MSCI Asia-Pacific index of shares excluding Japan.