Mumbai: Indian stock markets opened on a negative note on Monday with the BSE Sensex trading over 700 points lower. Also Read - After Ashutosh Rana, His Wife Renuka Shahane, Their Sons Test COVID-19 Positive, Family Under Isolation

The decline was in line with the global sell-off, as Asian indices fell on the growing number of coronavirus cases worldwide. Also Read - Swara Bhaskar's Mother And Cook Test COVID-19 Positive, Actor Under Quarantine at Delhi Home

At 9.35 AM, Sensex was trading at 29,090.39, lower by 725.20 or 2.43 per cent from the previous close of 29,815.59. Also Read - BJD Not to Hold Public Meetings For Pipli Bypoll Due to COVID-19: Naveen Patnaik

It had opened at the day’s high of high 29,226.55 and has so far touched an intra-day low of 28,708.83.

The Nifty50 on the National Stock Exchange was trading at 8,478.10, lower by 182.15 or 2.10 per cent from the previous close.