Sensex falls more than 400 points, while Nifty falls below 22,100; all Nifty indices are shown in red, with the exception of Nifty Media; Paytm increases 5% but Asian Paints breaks 4%

On Monday, the Indian benchmark equity indices began the day down due to declines in IT, banking, and financial firms. The Nifty50 was trading below 22,200, and the BSE Sensex was down more than 300 points.

Asian Paints, Titan, Tech Mahindra, Axis Bank, and Wipro were the biggest losers from the 30-share pack, whilst L&T, Power Grid, UltraTech Cement, M&M, and Tata Steel started the day higher. Thirteen stocks out of the Nifty group were trading lower.