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The market also witnessed notable achievements such as ICICI Bank crossing a market cap of $100 billion and the current high valuations of Indian equities.

The Sensex fell by 523 points on Monday, owing to profit taking in metal and financial stocks amid mixed global market trends.

The Sensex ended 0.7% lower at 71,072 as 22 of its components closed in the red and eight in the green.

The barometer opened higher, reaching a high of 71,757 in early trading.

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The market lost Rs 16.3 lakh crore in capitalization.

Rising crude oil prices intensified fears of inflation, potentially delaying any rate cuts by RBI.

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