Equity markets finished with heavy losses on Monday, 20 January, as Sensex and Nifty lost a percent each in the day's trade.
Both the indices opened at record high levels on Monday morning but could not ghold on to the gains.
The 30-share BSE index lost 416.46 points to close at 41,528.91, while the broader 50-share NSE Nifty ended at 12,230.75, down 121.60 points.
All sectoral sub-indices, with the esception of Nifty FMCG, finished in the red. PSU bank, metal and pharma stocks tanked the most.
Brent crude oil futures rose 0.14 per cent to $65.59 per barrel.
Meanwhile, the rupee was trading flat at 71.06 against the US dollar in morning session.
(With inputs from MoneyControl)
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