Indian shares tumbled on Monday, dragged by financial stocks such as Housing Development Finance Corp , while Larsen & Toubro Ltd declined after it cut its full-year order flow growth guidance.

The broader NSE Nifty closed 0.94 percent lower at 10,224.95, while the benchmark BSE Sensex was down 0.84 percent at 33,033.56.

Housing Development Finance Corp ended 2.3 percent lower, while Larsen & Toubro Ltd closed down 1.9 percent.