New Delhi, Sept. 28 -- The stock markets in the country witnessed sharp selling on Monday, with both benchmark indices falling more than 1.5 per cent as rising crude oil prices, elevated US bond yields and a weakening rupee heightened concerns over inflation and global fund flows.

The Nifty 50 closed at 22,780.25, declining 360.25 points or 1.56 per cent, while the BSE Sensex ended at 72,771.72, down 1,124.02 points or 1.52 per cent.

The sell-off was broad-based, with almost all sectoral indices on the NSE closing in the red. The Nifty PSU Bank index was among the worst hit, plunging more than 3.20 per cent. Nifty Metal declined 1.90 per cent, Nifty Oil and Gas fell 1.97 per cent, while Nifty Realty lost 2.32 per cent.

Nifty Auto decli...