At Close, the Sensex was down 567.98 points or 1.02% at 55107.34and the Nifty was down 153.20 points or 0.92% at 16416.30. as investors booked profit in equities a day ahead of the RBI's monetary policy outcome. Only Reliance Industries Ltd (RIL), and Axis Bank were trading in the green. Top index losers were Titan Company, Asian Paints, Hindustan Unilever Ltd (HUL), Sun Pharma, Kotak Mahindra Bank, Dr. Reddy’s Laboratories, Mahindra & Mahindra (M&M). Consumer durables, realty, IT, and financials were the worst hit. Except for the Nifty PSU Bank and Nifty Oil & Gas indices, all the sectoral indices were ruling negatively. Nifty Bank index fell 0.7 percent to 35,056.65. The BSE MidCap and SmallCap indices dropped up to 0.88 percent in the broader market.