Stock Market Today: Domestic equity benchmark indices Sensex and Nifty crashed in early trade on Monday tracking extremely weak US market trends, incessant foreign fund outflows and concerns over US tariffs. The 30-share BSE benchmark Sensex tanked 742.62 points to the level of 74,568 in early trade (At around 10:24 am). The NSE Nifty50 crashed by 240.55 points or over 1% to trade at a level of 22,55.50.

Among Sensex stocks, HCL Tech, Zomato, Tech Mahindra,  IndusInd Bank,  ICICI Bank, HDFC Bank, Tata Consultancy Services, and Power Grid were trading in negative territory. While Maruti and Mahindra & Mahindra were in green in early trade.

Foreign institutional investors (FIIs) sold equities worth Rs 3,449.15 crore on Friday, according to exchange data. Foreign investors have withdrawn over Rs 23,710 crore from Indian equity markets so far this month amid rising global trade tensions, taking the total withdrawal to Rs 1 lakh crore in 2025.

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Asian markets like Seoul, Shanghai and Hong Kong were in negative territory. US markets closed with significant losses on Friday. Meanwhile, global oil benchmark Brent crude plunged 2.13 per cent to $74.43 a barrel.

Sensex closed 424.90 points, or 0.56 per cent, lower at 75,311.06 for the fourth consecutive day on Friday and the Nifty50 closed 117.25 points, or 0.51 per cent lower, at 22,795.90.

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The rupee opened 1 paisa higher at 86.67 against the US dollar in early trade on Monday amid a weakening of the dollar against international currencies.

The domestic currency opened 10 paise higher at 86.58 against the US dollar at the interbank foreign exchange market, but finally closed at 86.67, up just 1 paisa from Friday's close. On Friday, the rupee lost its initial gains and closed 4 paise weaker at 86.68 against the US dollar.

(With Inputs From PTI)