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The Sensex ended 471.01 points or 0.96% lower at 48690.80, while the Nifty dropped 154.30 points or 1.04% at 14696.50

Sensex was down 471 points or 0.96% at 48690, and the broader market index Nifty 50 ended a tad below was down the 14,700-mark at 14,696 after tanking

The market breadth was positive. On the BSE, 1431 shares rose and 1185 shares fell. A total of 147 shares were unchanged.

Sensex slipped 269 points or 0.55% at 48,892 while the broader market index Nifty 50 was at 14,803 down by 47 points or 0.32%.

Asian peers trading lower as investors remain cautious over growing inflation worries.

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At close, Sensex was down 340 points or 0.69% at 49,161, and the Nifty50 sank 91 points or 0.61% to 14,850.

Sensex, declined 412.83 points or 0.83% to 49,090.36. The Nifty 50 index fell 106.35 points or 0.71% at 14,836.10.