Here's how the markets closed today

The Nifty got battered on Monday as traders pressed heavy sales on every single stock in the face of an accelerating global sell-off. There were no gainers on the Index, its older peer, the Sensex and in the futures and options market. The fear index surged 64 percent, its best gain ever.

Not one single sectorial index posted gains. Stocks in Shanghai plunged 8.5 percent as the government's recent steps to boost the market failed. Large parts of that selling also flooded Indian markets as global investors pressed redemptions from emerging market funds.

The Nifty's sad tale for Monday ended at 7,809 points, a 5.9 percent plunge translating into a loss of 491 points. The index closed at its worst level since Oct 2014, a 10-month low. Not one stock gained on the index, where Vedanta, GAIL, Tata Steel, Cairn and Punjab National Bank were the top five stocks that lost more than 11 percent each. Vedanta crashed 14.9 percent.

Axis Bank was the most actively traded counter on the NSE with 866 crore rupees worth of shares changing hands. ICICI Bank and Infosys were also in heavy demand.

Broader indices plunged between 5.9 percent and 10.9 percent. The CNX Junior Index crashed by 1,731 points as the bears tightened their grasp over the mid cap space.

CNX Realty and CNX PSU Banking Indexes were the top losers. The sectorial space saw indices dropping between 4.5 percent to 11 percent.

And on the Bombay Stock Exchange, the Sensex dropped 1,685 points, or 6.2 percent, to 25,681 points. Not one single stock rose on the Index.

The broader market saw 20 shares fall for each one that rose. As a consequence, the Advance Decline Ratio was 70 versus 1,486.

The Futures and Options space was awash with red. All 161 stocks lost ground. Amtek Auto was the worst hit, down 24.7 percent. Wockhardt, India Cements and Adani Power were among other top losers.

Image credit: Indiatimes