Markets ended in the red today after two days of gains following a late-session sell-off triggered by a rush among participants to book profits ahead of derivatives expiry amid lacklustre global cues.
The BSE Sensex fell over 115 points while the broader Nifty closed below the key 10,600-mark.
Asian markets fell and European shares opened lower, tracking overnight losses on Wall Street after the 10-year US Treasury yield briefly touched the psychologically important 3 per cent level for the first time in four years.
Tomorrow's April month expiry in the derivatives segment added to the volatility in the domestic market, brokers said.
The 30-share Sensex, after a lower opening, stayed in the negative zone for most part of the session and hit a low of 34,400.56, before settling at 34,501.27, down 115.37 points, or 0.33 per cent. Intra-day, it turned briefly positive to hit a high of 34,631.27