A rough day for AxJ equities to start the week

India stocks are the ones hit the hardest to start the week, with Singapore stocks also beaten down by over 7% in trading so far today. It's a bloodbath across the Asian market with the Hang Seng down by nearly 4% and Chinese indices closing in on 2% losses.

The only outperformer is the Nikkei, which is up by just over 2%, as Japan returns from the long weekend and the BOJ continuing to bolster the market by buying up ETFs.