Sensex sheds 554 points, Nifty below 18200

Indian benchmark indices were down today amid weak Asian and European cues. Both Sensex and Nifty shed nearly 1%. Sensex lost 554 points to close at 60754.86 points, while Nifty fell to 18113 by losing 195 points. 

All sectoral indices were in red. Nifty Realty, Nifty Metal and Nifty Auto indices lose more than 2%. 

Tata Consumer and Maruti Suzuki shed more than 4%, while Ultratech Cement fell by nearly 4%.

Bank Nifty ended flat. Axis Bank was the top gainer on Nifty with 1.76% gains. 

Mid-cap and small-cap indices were also end lower. It seems to be a profit-booking day for our markets amid weak global cues. Key earnings and global market cues might change the scenario.