Sensex Today | Stock Market LIVE Updates: GIFT Nifty indicates a muted start; US, Asian markets fall

Indian benchmark indices started the week on a weak note, with the Nifty slipping below 22,800 intraday amid broad-based selling, extending their seven-week losing streak.

Selling pressure intensified as the session progressed, with the Nifty moving closer to a six-month low, weighed down by weak global cues, elevated crude oil prices and bond yields, persistent FII selling and heightened geopolitical uncertainty following a stalemate in US-Iran peace talks

At close, the Sensex was down 1,124.02 points or 1.52 percent at 72,771.72, and the Nifty was down 360.25 points or 1.56 percent at 22,780.25.

Broader markets also ended weak with Nifty midcap index falling 1.6 percent and smallcap index declining 1.8 percent.

Biggest Nifty losers were Jio Financial, Tata Motors Passenger Vehicles, L&T, Adani Enterprises and Adani Ports, while gainers included Tech Mahindra, Dr Reddy’s Labs and Infosys.

All the sectoral indices ended in the red with PSU Bank index down 3%, Telecom index shed 2.3%, while Energy, Infra, FMCG, Realty, Private Bank, Metal and Oil & Gas down more than 1% each.