Sensex was down 361.92 points at 38,305.41 and the Nifty50 fell 114.60 points to 11,359.90. More than two shares declined for every share rising on the BSE. The broader markets underperformed frontliners with the Nifty Midcap and Smallcap indices falling 1.8 percent each. All sectoral indices closed in the red with Nifty Bank, Auto, FMCG, Metal, Pharma and Realty declining 1-4 percent. 23 stocks out of 30 Sensex stocks caught in bear trap while rest closed in the green.

Sensex was down 361.92 points at 38,305.41 and the Nifty50 fell 114.60 points to 11,359.90. More than two shares declined for every share rising on the BSE. The broader markets underperformed frontliners with the Nifty Midcap and Smallcap indices falling 1.8 percent each. All sectoral indices closed in the red with Nifty Bank, Auto, FMCG, Metal, Pharma and Realty declining 1-4 percent. 23 stocks out of 30 Sensex stocks caught in bear trap while rest closed in the green.