At close, the Sensex was down 2,702.15 points or 4.72% at 54,529.91, and the Nifty was down 815.30 points or 4.78% at 16,248.00. About 240 shares have advanced, 3084 shares declined, and 69 shares are unchanged. All stocks on Nifty50 ended in the red with Tata Motors, IndusInd Bank, UPL, Grasim Indusries and Adani Ports were the biggest losers.