On the 30-share Sensex platform, Kotak Bank, Bajaj Finserv, IndusInd Bank, Adani Ports, UltraCemco, Bajaj Finance emerged losers

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

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.

The two key equity benchmark indices, Sensex and Nifty, on Monday are trading flat amid volatility in early morning trade. At 10.20 am, the BSE Sensex dropped 58 points to 81,166. On the other hand, the NSE Nifty50 was trading at 24,