After a bright start, the Bombay Stock Exchange benchmark Sensex on Monday pared gains for the second consecutive day, losing over 193 points, with the outcome of the Lok Sabha elections casting a shadow on trading sentiment.

The Sensex, which opened higher by 1.3 per cent, wiped off the day's gains to end lower by 193.44 points, or 1.63 per cent, at 11,682.99 with all the sectoral indices ending lower. The key index touched the day's low of 11,621.30 and rose to a high of 12,026.60.