Market benchmarks tumbled from record highs to close deep in the red on Monday as investors booked profits in index heavyweights Reliance Industries, Kotak Bank, HDFC Bank and TCS following their quarterly results.
After hitting a record intra-day high of 42,273.87, the 30-share BSE Sensex gave up all gains to settle 416.46 points, or 0.99 per cent, lower at 41,528.91.
Likewise, the broader NSE Nifty sank 127.80 points, or 1.03 per cent, to 12,224.55. It hit a record intra-day high of 12,430.50 in early session.
