Indian stock market, Feb. 3 -- The Indian indices witnessed sharp declines in early trading on Monday, February 3, as weak global cues weighed on investor sentiment. The Sensex dropped over 700 points, while the Nifty 50 fell below the 23,250 mark.

The Sensex opened at 77,063.94, lower than its previous close of 77,505.96, before sliding further to 76,791.09. Meanwhile, the Nifty 50 began trading at 23,319.35, compared to its prior close of 23,482.15, and declined by 1% to 23,246.55.

The mid and small-cap segments experienced a steeper decline, with the BSE Midcap and Smallcap indices dropping by over 1% each.

By approximately 11:15 AM, the Sensex had fallen 418 points (0.54%) below the 77,100 mark, while the Nifty 50 was down 160 poin...