Nearly 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.

India's equity market fell sharply on Monday after hitting multiple highs last week as investors rushed to book profit amidst valuation concerns and worsening geopolitical tensions, especially in the Middle East.

The S P BSE Sensex fell 1,272.07 points to 84,299.78 at the closing bell, while the NSE Nifty50 settled 361.65 points lower at 25,810.85.

Stocks at one-year highs: 287 stocks, including ITC and M&M, reached one-year highs on BSE, despite the Sensex and Nifty 50 closing lower due to profit booking.