Experts said that the markets tanked owing to global rout.
Twenty eight out of 30 Sensex stocks and 40 out of 50 Nifty shares were in the negative.
Tata Steel, State Bank of India (SBI), Infosys, Mahindra and Mahindra, and Tata Consultancy Services (TCS) were the top five Sensex losers.
Heavyweights HDFC, Infosys, HDFC Bank, SBI and TCS led the fall in the Sensex.
"The global sell-off had an impact on the domestic markets. There is also a fear of rising interest rates. Macro fundamental...