Mumbai: The BSE Sensex on Monday dropped about 296 points to 19,091 in a volatile session on funds selling fundamentally strong stocks led by Infosys Technologies amid a weak global trend.

The Sensex, which had lost 310 points in the previous session, rolled down further by 295.65 points to 19,091.17 as Infosys remained weak. The gauge initially rose to 19,649.22 and touched the day's low of 19,071.47.

In similar fashion, the National Stock Exchange index Nifty, after a higher start 5,897.90, fell to close lower by 95.45 points to 5,729.10.

Infosys dipped further on Monday as its stock was cut to ‘neutral’ from ‘outperform’ by Credit Suisse Group on ‘disappointing’ results and ‘poor margin guidance’. It, along with TCS, pulled down the IT index.

Besides, Asian trend and European openings were weak on mounting inflation around the globe amid Europe’s sovereign debt crisis rearing head again.

(Agencies)