Indian shares look set to extend recent losses on Friday as global sentiment continues to be fragile amid escalating tensions between the U.S and North Korea.
After threatening to possibly meet North Korea's provocations with "fire and fury", U.S. President Donald Trump on Thursday further ratcheted up the rhetoric in remarks suggesting that his comments may not have been tough enough.
North Korea should be "very, very nervous" about doing anything to the United States or its allies, he said.
U.S. stocks suffered their steepest decline in three months on Thursday. The Dow dropped 0.9 percent while the Nasdaq Composite plunged 2.1 percent and the S&P 500 lost 1.5 percent to their lowest levels in a month.
In Europe, the pan-European Stoxx Europe 600 index slid 1 percent, while the German DAX and the U.K.'s FTSE 100 tumbled 1.1 percent and 1.4 percent, respectively.
In Asia, benchmark indexes in Australia, China, Hong Kong, South Korea and New Zealand are currently down 1-2 percent.
Closer home, benchmark indexes Sensex and the Nifty fell sharply to extend losses for a fourth consecutive session on Thursday while the rupee fell the most in five weeks to close at a one-week low of 64.08 against the dollar.
Investor sentiment was dampened by a slew of factors such as SEBI's crackdown on shell companies, a stand-off in the Doklam area of the Sikkim sector between Indian and Chinese troops for seven weeks now, disappointing quarterly results from Tata Motors and rising tensions between the U.S. and North Korea.