Mumbai, April 22 -- The BSE Sensex tanked for second consecutive session on Monday by 495.10 points to end below the 39K-level at 38,645.18 on brisk sell-off across the board ahead of expiry of futures and options contracts for April series due Thursday amidst weaker cues from global peers.

The Nifty of National Stock Exchange (NSE) too fell by 158.35 points to 11,594.45.

The equity market remained in red for another session today as stocks of oil marketing companies (OMCs) and financial companies dragged the indices down. A 3 per cent jump in oil prices amid negative global cues also dented sentiment.

Index heavyweight Reliance Industries (RIL) slipped more than 2 per cent today after the company announced its March 2018 quarter results...