The benchmark indices, Sensex and Nifty, started the week on a negative note on Monday, showing a decline in early trade. This drop followed the release of disappointing macroeconomic data and weak trends in major stocks such as Reliance Industries, HDFC Bank, and Tata Consultancy Services. Foreign fund outflows also added pressure on market sentiment.

At the start of the trading session, the BSE Sensex tanked 493.84 points, reaching 79,308.95, while the NSE Nifty fell by 122.45 points to settle at 24,008.65. Among the 30 stocks that make up the Sensex, notable losers included IndusInd Bank, HDFC Bank, Larsen & Toubro, Tata Consultancy Services, Reliance Industries, Bajaj Finance, NTPC, and Hindustan Unilever. On the other hand, a few stocks like Maruti, UltraTech Cement, Adani Ports, and Tata Motors showed some resilience with gains.