Equity benchmarks ended lower on Monday as rising crude oil prices, elevated global bond yields and fears of a potential US interest-rate hike weighed on sentiment.

Indian stock market declines as geopolitical tensions and rising yields affect sentiment; HDFC Bank sees gains amid volatility.

Sensex fell 500 points and Nifty slipped below 24,000 as renewed US-Iran tensions spiked crude oil prices, coupled with weak global trends and foreign fund outflows.