NSE stock futures listed on Singapore Exchange dropped as much as 3.56 per cent to their lowest since December 18, 2017, indicating losses for Indian stock markets.

NSE stock futures posted biggest intraday percentage drop since November 9, 2016.

Asian markets continued to witness selling pressure on Tuesday following Wall Street's biggest decline since 2011 as investors' faith in factors underpinning a bull run in markets began to crumble.

US stocks tumbled in a highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points during the session, its biggest intraday decline in history.

Global cues have weighed on Indian markets with the major indexes falling for a fifth straight session on Monday as worries remained that the Reserve Bank of India would turn more hawkish at its policy meeting starting Tuesday.

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