After a strong rebound in the previous session, the market once again came under pressure on March 11, with the Nifty 50 falling below 23,850, intraday, amid selling across the sectors

Amid mixed global cues, the market opened on a weak note and extended losses as the session progressed, dragging the benchmark indices to their lowest levels in 11 months.

At close, the Sensex was down 1,342.27 points or 1.72 percent at 76,863.71, and the Nifty was down 394.75 points or 1.63 percent at 23,866.85.

Broader indices outperformed the main indices with Nifty Midcap index falling 1.2%, while smallcap index declines 0.36%.

On the sectoral front, auto, FMCG, PSU Bank, Consumer Durables, Private Bank, Capital Goods, IT, realty shed between 1-3%, while oil & gas, pharma indices ended with marginal gains.

Biggest Nifty losers were Bajaj Finance, Axis Bank, Bajaj Finserv, Eicher Motors and M&M, while gainers were NTPC, Jio Financial, Coal India, Sun Pharma, Dr Reddy's Labs.

In stock specific, TVS Supply Chain Solutions shares added 2.5% on setting up 40,000 sq ft warehouse facility at FTWZ in Mannur, HG Infra Engineering shares rose nearly 6% on bagging order worth Rs 401.33 crore, Waaree Renewable Technologies shar price added 2.5% on signing EPC contract for 300 MW solar PV plant.

Nearly 180 stocks touched their 52-week low, including Aegis Logistics, Hexaware Technologies, Coforge, IRCTC, KPR Mills, Godrej Industries, Emami, Five-Star Business, Jubilant Food, TCS, Tata Technologies, Kotak Mahindra Bank, Jyothy Labs, Relaxo Footwear, JK Lakshmi Cement among others.