Stock Market Close: Sensex Slips 322 pts, Nifty At 26,250

Indian markets closed lower on Monday after a volatile session. Nifty erased early record gains to end at 26,250, while Sensex fell 322 points. IT and oil & gas stocks dragged indices amid mixed global cues. Realty, FMCG and consumer durables outperformed, while broader markets ended mixed.