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.

Market experts pointed to several triggers for today's downturn, including escalating Middle East tensions, investor jitters ahead of Federal Reserve Chair Jerome Powell's speech, and the natural profit booking that followed a recent record-breaking rally.

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,