Indian markets are expected to open with a sharp fall following sell-off in the global markets after Trump’s decision to impose tariffs on as much as $60 billion worth of Chinese goods imports, while China responded with retaliatory tariffs of $3 bn on 128 US products, triggering a trade war between the two countries. The SGX Nifty is pointing to a gap-down opening, and Nifty is expected to open below the important psychological mark of 10,000.