BSE Sensex on Monday fell 143.84 points to end at 26,121.40 while Nifty dropped 39.10 points to 7,915.20.
Both the indices of the Indian equities markets, which opened in the negative territory, plunged by almost two percent each in the initial trade session.
Notwithstanding the slide, both the bellwether indices recovered their lost ground on the back of recent reforms measures announced for the power and banking sector. Bargain hunting too brought back investors.
The Sensex touched a high of 26,193.17 points and a low of 25,656.90 points in the intra-day trade.