Bombay stocks plunged 3.6% Monday amid fears that conflict in the Middle East will scupper worldwide economic growth.

The Sensex fell 385 points to close at 10293.22, with all the 30 stocks in the Sensex declining.

The major losers on the index were Reliance Communications, which lost 7.8%, ONGC, which lost 7.2%, and Dr. Reddy's Laboratories ( RDY) which lost 5.9%.

The Indian two wheeler major Bajaj Auto has set up a joint venture company in Indonesia to assemble and sell three-wheelers and high-end motorcycles there. The stock declined 4.7%.

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