5 reasons why the BSE Sensex slipped 812 points in Monday's trade

The S&P BSE Sensex fell 812 points by close to 38,034 levels while the NSE's Nifty slipped below the crucial 11,300-mark, down 254 points, or 2.2 per cent, to end the session at 11,251 levels.

The stock market came under heavy selling pressure in the last hour of the session on Monday, with the benchmark indices sliding over 2 per cent. Volatility index, India VIX, zoomed 13 per cent to 22.6 levels, indicating heightened volatility in the market. The S&P BSE Sensex fell 812 points by close to 38,034 levels while the NSE's Nifty slipped below the crucial 11,300-mark, down 254 points, or around 2.2 per cent, to end the session at 11,251 levels.
 
So, what dragged the markets lower on Monday?
 
Weak global cues: The fall in Indian frontline indices was in