Sensex closed 300 points, or 0.79 percent, lower at 37,734.08 while Nifty ended at 11,153.65 with a loss of 97 points or 0.86 percent. BSE Midcap and Smallcap indices closed 1.70 percent and 1.61 percent lower, respectively. Zee Entertainment was top Nifty loser, the stock closed over 6 per cent lower at Rs 197. Bharti Infratel, GAIL India, Adani Ports, Maruti Suzuki, Tata Motors, Axis Bank, IndusInd Bank, ONGC, Larsen & Toubro and BPCL also fell between 2-4.5 per cent. On the flipside, HCL Technologies, TCS, Tech Mahindra, Grasim industries, Cipla, Dr Reddy's Labs, Bharti Airtel and State Bank of India were among the gainers.The overall market breadth was negative as 1,861 shares closed lower while 765 closed higher on the BSE.

Sensex closed 300 points, or 0.79 percent, lower at 37,734.08 while Nifty ended at 11,153.65 with a loss of 97 points or 0.86 percent. BSE Midcap and Smallcap indices closed 1.70 percent and 1.61 percent lower, respectively. Zee Entertainment was top Nifty loser, the stock closed over 6 per cent lower at Rs 197. Bharti Infratel, GAIL India, Adani Ports, Maruti Suzuki, Tata Motors, Axis Bank, IndusInd Bank, ONGC, Larsen & Toubro and BPCL also fell between 2-4.5 per cent. On the flipside, HCL Technologies, TCS, Tech Mahindra, Grasim industries, Cipla, Dr Reddy's Labs, Bharti Airtel and State Bank of India were among the gainers.The overall market breadth was negative as 1,861 shares closed lower while 765 closed higher on the BSE.