Stock markets: Sensex falls over 340 points, Nifty declines 130 points day ahead of Union Budget

Stock markets update: A day ahead of the Union Budget, equity benchmark indices declined in early trade on Monday amid weak trends in Asian markets and unabated foreign fund outflows. In the early trade, the 30-share BSE Sensex fell 343.32 points to 80,261.33. Meanwhile, the Nifty declined 130.60 points to 24,400.30 points.