Sensex and Nifty 50 fell over a percent each amid heavy selling across the board. Broader markets also reeled under selling pressure as the Nifty Midcap 100 and the Nifty Smallcap 100 indices declined over 27% each.

Stock Market LIVE Updates | Indian stocks experienced heavy selling due to worries about the HMP Virus outbreak and a significant decline in banking stocks following disappointing quarterly results.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,616.05, while Sensex ended at 77,964.99. Overnight, Wall Street indices traded mixed. While the Nasdaq and S&P 500 gained,

All sectoral indices closed in the red, with Nifty PSU Bank, Metals, Oil & Gas, Realty, and Media seeing the steepest losses.

BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday. While BSE Sensex was up over 100 points, Nifty50 was above 24,000.

Sensex and Nifty 50 fell over a percent each amid heavy selling across the board. Broader markets also reeled under selling pressure as the Nifty Midcap 100 and the Nifty Smallcap 100 indices declined over 2% each.