Indian equity benchmark indices Sensex and Nifty witnessed a sharp decline in early trade on Monday, impacted by weak trends in US markets, sustained selling by Foreign Institutional Investors (FIIs), and concerns over global trade tensions, particularly regarding US tariffs.

As per PTI reports, the 30-share BSE Sensex plunged 567.62 points, falling below the crucial 75,000 mark to settle at 74,743.44. Similarly, the NSE Nifty dropped 188.4 points, trading at 22,607.50 in the opening session.