New Delhi, March 30 -- The domestic equity market continued reeling under massive selling pressure for the second consecutive session on Monday, March 30, amid mounting concerns over the US-Iran war, rising crude oil prices, and India's deteriorating macroeconomic outlook, keeping investors on tenterhooks.

The market witnessed a sharp selloff across segments, as not only the benchmark but the mid and small-cap segments, too, crashed more than 2%.

The Sensex closed with a heavy loss of 1,636 points, or 2.22%, at 71,947.55. The NSE benchmark Nifty 50 crashed 488 points, or 2.14%, to settle at 22,331.40. The mid and small-cap indices on the BSE plunged 2.5% each.

Barring Tech Mahindra and Power Grid, all components of the Sensex index end...