The border market saw much severe selling with BSE Mid-Cap Index down 1.58 per cent and BSE Small-Cap Index down 2.13 per cent.
Global markets turned cautious ahead of the two day meet between US-China on trade, analyst said.
The Nifty 50 fell 4.98 per cent in July F&O series, the worst since October 2018 when it declined 13.3 per cent.
"Monday's the market fall has been due to a combination of global and domestic factors.
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