Bombay stocks took it on the chin Monday, slumping 3.8%.

The BSE Sensex dropped 463 points to close at 11,822, after the index set several new highs last week. Shares in every company in the 30-stock index declined.

Big losers included aluminum giant


, down 13%,

Tata Steel

, down 9%, and chemicals giant


, down 5.6%.

Tata Motors

(TTM) - Get Report

declined 4.5%.


rose 1.4% on a marketing pact with ItalFarmaco.

Suzlon Energy

, wind energy equipment major, fell 7.2% despite a 108% rise in the net earnings for 2005-06.


fell 2.2% after getting FDA approval to sell ceftriaxone sodium injection in the US.

Despite Monday's sharp selloff, the BSE Sensex is up 83% on a year ago.

This story was created through a joint venture between and IRIS.