Sentiment turned bearish on consistent FII selling and worries over earning results of heavyweights expected later on Monday.

Key US Federal Open Market Committee (FOMC) starting on Tuesday and April derivative contract expiring this week also led to a cautions approach.

Across-the-sector selling was witnessed with BSE healthcare and consumer durables losing over 2 percent, while realty, IT, auto, capital goods and oil&gas down more than 1

The broader market underperformed the Sensex with midcap and smallcap indices dropping nearly 3 percent.

The 30-share BSE index resumed higher by 27,565.49 and hovered in the range of 27,567.28 to 27,210.10 before quoting at 27,216.02 at 1045 hrs, showing a fall of 221.92 points or
0.81 percent from its last close.

The 50-share Nifty was also quoted lower by 78.50 points or 0.95 percent to quote at 8,226.75 at 1045 hrs.

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