After opening on a weak note, the selloff intensified in the last hour of trade, with the Sensex plunging over 1,200 points and the Nifty slipping below the critical 26,000 mark, reflecting growing caution among investors.

Indian equities in Monday's trade after relentless gains over the previous week suffered sharp losses. At the last count, Sensex was down over 1.17 per cent or 1,001.6 points at 84,570.25, while the 50-share NSE benchmark Nifty 50 was down over 1 per cent or 292 points at 25,

Over 300 stocks, including JSW Steel and NTPC, reached one-year highs on the BSE, despite the Sensex and Nifty 50 falling over one per cent amid weak global cues.