Indian equities in a highly volatile session ended Monday's session (October 21). Nifty closed the session at 24,781.1, down 0.29 per cent or 72.95 points, while Sensex ended lower by 0.09 per cent or 73.48 points at 81,151.27. Broader markets, however, tumbled sharply with Nifty Midcap 100 ending 1.7 per cent lower.

Erasing initial gains, benchmark indices Sensex and Nifty closed lower on Monday due to a sharp fall in Kotak Mahindra Bank and relentless foreign fund outflows

The two key equity benchmark indices, Sensex and Nifty, on Monday closed in the red amid volatility as investors continued to book profit. The BSE Sensex index dropped 73 points before closing at 81,151.