The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 26,305 level, a discount of nearly 40 points from the Nifty futures’ previous close.

Indian equity benchmark indices, BSE Sensex and Nifty50, tanked in trade on Monday driven by global cues. This crash was influenced by mixed signals from regional markets and driven by losses in index heavyweights such as Reliance Industries,

From the 30 Sensex firms, Reliance Industries and Axis Bank declined over 3 per cent each. ICICI Bank, Nestle, Tech Mahindra, Mahindra & Mahindra, Maruti, Bajaj Finserv, State Bank of India and Tata Motors were the other major laggards.

After opening on a weak note, the selloff intensified in the last hour of trade, with the Sensex plunging over 1,200 points and the Nifty slipping below the critical 26,000 mark, reflecting growing caution among investors.

The retreat comes on the back of consecutive fresh highs breached by the benchmarks Sensex and Nifty in the last couple of weeks

Sensex fell 700.29 points, or 0.82 per cent, to 84,871.56, with the BSE market capitalisation m-cap falling 3.15 lakh crore to Rs 474.77 lakh crore. A total of 2,101 listed stocks on BSE fell, while only 1,

Sensex Today | Stock Market LIVE Updates | Indian benchmark equity indices, Sensex and Nifty50, traded lower on Monday amid mixed cues from regional markets, weighed down by index heavyweights Reliance Industries,