Indian stock markets saw a slight decline on Monday, with the index slipping nearly 0.4%. The sentiment is influenced by global cues and company-specific news. Reliance Industries refuted a report claiming it owes India $30 billion for underproduction, calling the report irresponsible. Waaree Energies announced its CEO's resignation and appointed a successor. Arvind Fashions is acquiring Flipkart India's stake in its Flying Machine unit for Rs 135 crore. Ceigall India secured a Rs 1,000 crore infrastructure order in Madhya Pradesh.