Sensex tanks 536 points to close at 36,305, Nifty ends at 10,975

Mumbai: The BSE Sensex on Monday slumped 536.58 points or 1.46 per cent to close at 36,305.02 on sustained bouts of selling in realty, auto, banks, finance, telecom, industrials and healthcare stocks amid rising crude prices and weak Asian cues.

The broader Nifty 50 index closed at 10,974.90, down 168.20 points or 1.58 per cent. Major losers were M&M, Maruti, HDFC, HDFC Bank, ICICI Bank, ITC, Tata Steel, IndusInd Bank and Kotak Bank.

The rupee also fell sharply by 29 paise to 72.49 against the dollar on Monday as the greenback strengthened overseas.