Ahead of the outcomes of separate policy meetings of the US Federal Reserve and Bank of Japan, Indian equity markets traded in line with Asian peers and closed Tuesday&’s trading session on a lower note.

The Sensex at the Bombay Stock Exchange (BSE) ended 111 points down at 28,523 and the Nifty at the National Stock Exchange (NSE) closed 33 points lower at 8,776.

On Monday, the Sensex had closed 35 points higher at 28,635 and the Nifty had closed 29 points up at 8,808.

In the broader markets, BSE Midcap index slipped 0.1 per cent while Smallcap index declined 0.3 per cent.

Among the BSE sectoral indices, Realty index closed with the biggest decline, down by 2 per cent, while Metal index closed with the biggest gain, up over 0.3 per cent. 

Top gainers in the Sensex-30 pack: ONGC (up 1 per cent), Tata Steel (up 1 per cent), Cipla (up 1 per cent), Maruti Suzuki (up 0.5 per cent) and Lupin (up 0.5 per cent).

Top losers in the Sensex-30 pack: Adani Ports (down 2.6 per cent), Hero Motocorp (down 2.3 per cent), Bajaj Auto (down 2.2 per cent), Bharti Airtel (down 1.6 per cent) and NTPC (down 1.3 per cent).

Meanwhile, the Rupee was trading seven paise down at 67.03 against the US Dollar.