The market closed with six-tenth of a percent loss on March 20, erasing all its Friday's gains after correction in Asian counterparts on the back of the Credit Suisse-UBS deal.
The BSE Sensex fell more than 360 points to 57,629, and the Nifty50 declined over 110 points to close at 16,988, but there was nearly 1 percent recovery from the day's low.