As of 10:08 am, the BSE Sensex was down 632.20 points, or 0.84%, at 74,945.38, while the Nifty 50 declined 163.05 points, or 0.69%, to 23,472.05.

Indian equities fell on Monday as IT stocks led losses amid renewed concerns over US rates. Elevated crude prices and Middle East tensions added to caution, though pharma and select large-caps offered support.