Mumbai/IBNS, March 23 -- The Indian stock market witnessed a sharp sell-off on Monday, with the BSE Sensex plunging over 1,500 points and the NSE Nifty 50 falling more than 400 points, tracking heightened geopolitical tensions in West Asia, media reports said.

Amid the broad-based sell-off, Oil and Natural Gas Corporation (ONGC) emerged as the only stock in the Nifty pack to trade in the green during the market rout.

The Indian equity benchmarks mirrored weak global cues, following subdued trading across Asian markets as well as declines in the Dow Jones Industrial Average.

Investors saw their wealth erode by approximately Rs.7.33 trillion as markets tumbled sharply, largely due to escalating tensions involving Iran and the United Stat...