Indian equity markets ended deep in the red as uncertainty remained over the $700 billion US bailout plan. News that a meeting between presidential candidates Obama and McCain was postponed, along with Washington Mutual being acquired by JP Morgan Chase, indicated more bad news could be coming from the US over the weekend. Traders opted to sell positions to avoid risk until there was more clarity on the situation. The Sensex closed down 445 points at 13,102.18 while the Nifty fell 125 points to 3,985.25 as realty, metal, bank and capital goods stocks declined the most.