
Indian benchmark equity indices declined sharply on Monday following weak global trends and heavy selling in private bank stocks like HDFC Bank and Axis Bank.
The 30-share BSE Sensex dropped 876.37 points, or 1.17%, to close at 73,852.90, while the NSE Nifty fell 257.20 points to settle at 22,888.95.
Axis Bank dropped 3.85% despite posting a 39.4% rise in consolidated net profit to ₹7,704.67 crore for the second quarter of fiscal 2026-27.