Benchmark stock market indices started the week on a sluggish note after growing fears of a full-blown global banking crisis spooked investors. While both indices recovered some lost ground, they ended the trading session in negative territory.
The S&P BSE Sensex ended 360.95 points lower at 57,628.95, while the NSE Nifty 50 settled barely above 17,000 after falling nearly 1 per cent. Broader markets reflected the weak sentiments as volatility spiked sharply.
Most sectoral indices ended in the negative zone, with heavyweights Nifty IT, Nifty Metal and Nifty Bank leading the losses. The Nifty FMCG was the only sectoral index that saw some gains
