At Close, the Sensex was down 276.46 points or 0.51% at 54,088.39, and the Nifty was down 72.90 points or 0.45% at 16167.10 as global cues remained subdued ahead of critical macroeconomic data. Axis Bank was the top gainer on Sensex, up 2.5% while IndusInd Bank gained 1.67%, followed by HDFC, and Kotak Mahindra Bank. Larsen & Toubro was down 2% as the worst-performing Sensex stock, accompanied by Bajaj Finserve, NTPC, and Bajaj Finance. About 787 shares have advanced, 2531 shares declined, and 116 are unchanged. The BSE Midcap index was down 0.3 percent, and the Smallcap index slipped 2.2 percent. Among sectors, bank and realty indices were up 0.5 percent each, while IT, auto, FMCG, pharma, power, and capital goods indices shed 0.5-1 percent.