A selloff witnessed across sectors barring metal stocks dragged the markets lower Stock markets finished Wednesday's session sharply lower, amid prevailing weakness in the rupee on soaring crude oil prices.
BSE benchmark index Sensex declined 550 points - or 1.5 per cent - to close at 35,975, while the NSE Nifty settled 150 points lower at 10,858.
Both the indices registered their lowest closing levels since July 9.
A selloff witnessed across sectors barring metal stocks, dragged the markets lower while caution prevailed ahead of a key policy statement from the Reserve Bank of India (RBI) due later this week.