Benchmark indices extended their losses in early trade, with the BSE Sensex plunging 902.48 points, or 1.18%, to 75,488.91, while the NSE Nifty50 dropped 256.15 points, or 1.07%, to 23,613.45 around 10:20 am, as rising crude oil prices and weak global cues continued to weigh heavily on investor sentiment.

Benchmark indices extended their losses in afternoon trade, with the BSE Sensex tumbling 746.20 points, or 0.96%, to 76,723.91, while the NSE Nifty50 fell 198.55 points, or 0.82%, to slip below the key 24,000 mark and trade at 23,989.15 around 12:24 pm.

Benchmark indices extended their losses in afternoon trade, with the BSE Sensex tumbling 746.20 points, or 0.96%, to 76,723.91, while the NSE Nifty50 fell 198.55 points, or 0.82%, to slip below the key 24,000 mark and trade at 23,989.15 around 12:24 pm.

Indian equity benchmarks opened sharply lower on Monday as banking heavyweights fell after their June-quarter results. Rising crude above $90 and concerns over the rupee and foreign flows added to market caution.

Indian benchmark indices fell sharply after renewed US-Iran hostilities lifted crude oil concerns. The sell-off reflected worries over India's import bill, inflation and the market impact if Brent climbs above $90.