The Indian stock market mirrored the chaos in the global share market with a significant drop in both Sensex and Nifty on Monday morning. While Sensex fell by over 2,400 points, Nifty also recorded a decline of almost 500 points. The global uncertainty stems from the slow jobs growth in the US, sparking concerns about an economic slowdown. As Asian equities tumbled and Wall Street closed lower, Indian stocks fared relatively better. However, the rupee hit a record low and bond yields reached a two-year low.