Stock Markets close on low with below 23,800 mark, selling seen across sectors

New Delhi, Sept. 7 -- Indian Stock Markets on Monday failed to sustain gains and ended lower with the Nifty slipping below the 23,800 mark. Selling pressure was seen across sectors, barring healthcare.

At open, the indices were lower amid mixed global cues and extended their losses.At close, the Sensex was down 382.62 points or 0.50 percent at 76,132.81, and the Nifty was down 118.55 points or 0.50 percent at 23,779.15. Nifty Midcap index slipped 0.5%, while the Smallcap index ended on flat note.

Indices reacted to the uncertainty over the Middle East conflict, coupled with elevated crude oil prices, weighed on investor sentiment and kept the markets under pressure.

Among the sectors, except pharma which was up 0.75%, all other sectoral ...