Updated at 4.30 pm
MUMBAI: The Bombay Stock Exchange benchmark Sensex on Monday closed with a steep fall of over 113 points as funds and retail investors booked profits in heavyweight blue chip stocks.
The BSE-30 share index, which had closed over 27 points higher during the Muhurat trading session on Saturday, lost 113.541 points at 12,623.28, after touching the day's low of 12,612.36.
The wide-based Nifty of the National Stock Exchange settled 26.20 points down at 3,657.30. It moved between 3,651.20 and 3,690.85 points.
The major losers were Infosys Technologies, TCS, Satyam Computer, Wipro, Reliance Industries and Tata Steel, which dragged down the Sensex.
The market will remain closed for the next two days on account of Bhai Dooj and Id.