At close, the Sensex was down 86.61 points or 0.16% at 54,395.23, and the Nifty was down 4.60 points or 0.03% at 16,216. Stocks of Bharti Airtel, Tata Consultancy Services (TCS), HCL Tech, Infosys, Wipro, HUL, and State Bank of India (SBI) ended up to 5 percent down. On the flip side, Tata Steel was the top BSE Sensex gainer, followed by M&M, Dr Reddy’s, ICICI Bank, Asian Paints, ICICI Bank, Axis Bank, and Reliance Industries, among others. About 2035 shares have advanced, 1297 shares declined, and 155 are unchanged. Sectorally, except for the Nifty IT index, which closed 3 percent lower, all other indices eked out gains. The Nifty PSU Bank index was the top gainer, up 2 percent, and auto, metal, oil & gas, realty, and power indices rose 1-4 percent.BSE midcap and smallcap indices rose 0.5-1 percent.