At close, the Sensex was down 1,145.44 points or 2.25% at 49,744.32, and the Nifty was down 306.10 points or 2.04% at 14,675.70.ONGC, HDFC Bank, Kotak Mahindra Bank, Asian Paints, Ultratech Cement, and Infosys were the only Sensex stocks to trade in the green.L&T and Mahindra & Mahindra, Dr Reddy’s Labs, ITC were the top drags. About 1030 shares have advanced, 1942 shares declined, and 151 shares are unchanged. Nifty metal up 1.6 per cent. On the downside, the Nifty Realty, PSU banks, Pharma, IT, and Media indices declined by 3 per cent, while the Nifty Private Bank, FMCG, Financial Services, and Banks' index closed 2 per cent down. The S&P BSE MidCap and SmallCap indices closing 1.34 per cent and 1 per cent down, respectively. India VIX was up 5% sitting above 23 levels.