The Indian equity benchmark indices ended sharply lower Monday dragged by selling in metals and banking stocks. The Sensex plunged 524.96 points, or 0.89 percent, to end at 58,490.93, while the Nifty closed 188.25 points, or 1.07 percent, lower at 17,396.90. Broader markets underperformed the frontliners as the Nifty Midcap100 plunged 2.16 percent and the Smallcap100 index ending 1.73 percent lower. Barring Nifty FMCG, all other sectoral indices ended in the red with the Nifty Metal and Nifty Nifty PSU Bank indices falling the most followed by realty, auto, financial services, pharma and energy indices.

The Indian equity benchmark indices ended sharply lower Monday dragged by selling in metals and banking stocks. The Sensex plunged 524.96 points, or 0.89 percent, to end at 58,490.93, while the Nifty closed 188.25 points, or 1.07 percent, lower at 17,396.90. Broader markets underperformed the frontliners as the Nifty Midcap100 plunged 2.16 percent and the Smallcap100 index ending 1.73 percent lower. Barring Nifty FMCG, all other sectoral indices ended in the red with the Nifty Metal and Nifty Nifty PSU Bank indices falling the most followed by realty, auto, financial services, pharma and energy indices.