The defaulters include individuals as well as companies that failed to pay fines for various offences related to the securities market.

The BSE Sensex ended lower by nearly 225 points or by 0.6 percent to 37,665, while the NSE Nifty 50 ended lower by 74 points, or 0.65 percent to 11,356. Bank Nifty ended lower by 1.17 percent, while midcaps slipped by 0.65 percent. The BSE Sensex and the NSE nifty 50 opened sharply lower on Monday, tracking weakness in global markets and steep fall in the Indian rupee against the US dollar. The Sensex was trading at 37,590.72, down by over 278 points, or 0.74 percent in initial trade, while the NSE Nifty 50 traded lower by 79 points, or 0.69 percent, to 11,350.55. Traders will closely follow key macro-economic inflation data along with more first quarter earning results today and the direction of foreign fund flows. The BSE Sensex, after opening a shade higher at 38,050.07, quickly slipped below the 38,000-mark on Friday. It hit a low of 37,815.75 during the day, before finally finishing at 37,869.23, down 155.14 points. The NSE Nifty too lost 41.20 points to finish at 11,429.50. This blog will keep you posted on the latest updates and developments from the stock markets today:

Shares of Sun TV dived nearly 7.5 percent on Monday despite the media and entertainment company reporting a higher profit in the June quarter.

Barring IT, pharma and FMCG, sustained selling was seen in all other counters, particularly banks and financial services stocks along with metal shares.