The Sensex and Nifty took their total losses to around 3% in three consecutive sessions Stock markets finished lower for the third straight day amid high volatility on Monday.
BSE benchmark index Sensex closed 181 points lower at 34,134, while the NSE Nifty shed 58 points to settle at 10,245.
Except auto and financial services, all the sectoral indices closed lower.
Top laggards on the 50-scrip index Nifty were Induslnd Bank, Bharat Petroleum, UltraTech Cement, Reliance Industries and Asian Paints, finishing between 3 per cent and 7 per cent lower compared to the previous session.
The benchmark indices registered an overall loss of around 3 per cent in three consecutive sessions.