INDIA STOCKS-Indian shares open lower tracking global market sell-off

March 11 (Reuters) - Indian equities opened lower on Tuesday, tracking a broad sell-off across Asian markets after Wall Street tumbled overnight on fears that the U.S. economy could be careening into recession.

The decline followed U.S. President Donald Trump's refusal on Sunday to predict whether the U.S. could face a recession amid worries over his tariff policies, heightening investor concerns about global economic stability.

The Nifty 50 .NSEI fell 0.51% to 22,345.95 as of 9:15 a.m. IST while the Sensex .BSESN lost 0.5% to 73,743.88.

Asian markets slid on the day, with Japan's Nikkei 225 .N225 sliding 2% and MSCI Asia ex-Japan .MIAPJ0000PUS falling 1.1%.

U.S. stocks fell sharply overnight as relentless tariff wrangling and mounting anxieties from a possible federal government shutdown stoked recession fears. MKTS/GLOB

IT companies .NIFTYIT, which earn a significant share of their revenue from the U.S., lost 1.2%.

Private banks .NIFPVTBNK fell 0.8%, dragged by a 10% drop in IndusInd Bank INBK.NS after the lender flagged a 2.35% decline in its net worth due to discrepancies in its derivative accounts.

($1 = 87.3760 Indian rupees)