The benchmark indices closed red on Monday dragged mostly by Auto and Banking stocks. At closing, Sensex managed to hold 48,564, down 470 points or 0.96 percent. Nifty 50 closed down by 152 points or 1.06 percent at 14,281.30.
Among the top gainers were, UPL, Reliance, HDFC Bank; Tata steel, Tata Motors, Hindalco ended up as the top losers.
The Nifty banking index was trading down by nearly 450 points or 1.35% at 31,811. Kotak Mahindra, PNB and ICICI Bank contributed among the top losers in the banking index.
At close, 330 shares advanced and 1436 shares declined in NSE.