Mumbai, Aug 31 (Inditop.com) A key index of the Indian equities markets shut shop Monday 1.61 percent lower than its last close, ending a seven-day rally as investors booked profits and Chinese markets fell sharply.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 15,812.15 points, ended at 15,666.64 points, down 255.7 points or 1.61 percent.

The broader-based Nifty of the National Stock Exchange (NSE) closed lower at 4,662.1 points, down 1.48 percent.

Broader market indices, however, managed to close in the green, with the BSE midcap index closing 0.33 percent higher and the BSE smallcap index ending 0.51 percent up.

The market breadth was positive, with 1,648 stocks advancing, 1,154 declining and 78 remaining unchanged.

Of the 30 stocks on the Sensex, M&M led the rally, with a 4.15 percent increase to Rs.860.05 followed by DLF, up 2.67 percent at Rs.424.20; NTPC, up 1.19 percent at Rs.212.65, and Maruti Suzuki, up 1.03 percent at Rs.1,436.65.

The leading losers were Tata Steel, down 3.26 percent; Reliance Industries, down 3.2 percent at Rs.2,004.10; Hindalco, down 3.11 percent at Rs.105.85, and Sterlite, down 2.97 percent at Rs.675.30.

At the Shanghai Stock Exchange, the main index plummeted 6.74 at 2,667.75 points.

The Nikkei, a key index of the Tokyo Stock Exchange, was dragged from its 11-month high due to currency fluctuations at 10,492.53 points, down 41.61 points.

The Hang Seng, a primary index of the Hong Kong Stock Exchange, too ended on the losing side, slipping 374.43 points or 1.86 percent to 19,724.19 points.

Major European exchanges were ruling mixed.

In Britain, the FTSE 100 index was ruling 0.81 percent higher at 4,908.9 points.

Its French peer, the CAC 40, was down 0.6 percent at 3,670.88 points.

Germany’s DAX was also ruling negative at 5,482.73 points, down 0.63 percent.