Analysts will watch inflation data due later in the day closely
Domestic stock markets registered sharp losses on Monday tracking weakness in Asian peers, as caution prevailed ahead of key macroeconomic data due later in the day. The Sensex today fell as much as 318 points to hit an intraday low of 35,691, and the broader Nifty declined 102 points to touch 10,692. A broad-based selloff, led by financial, metal and energy stocks dragged the markets lower. Weakness in other Asian markets, where equities receded from recent highs, after the release of Chinese trade data also hurt investor sentiment.