Sensex slips 196 points

Benchmark indices of Indian markets slipped to their two-month low levels on Monday as uncertainty over the US Fed's two-day policy review and intensified selling by foreign portfolio investors (FPIs) made investors jittery, reports ETmarkets.com.
June quarter earnings, too, have been at best a mixed bag for the market.
BSE Sensex closed 196.42 points or 0.52 per cent lower at 37,686.37 while NSE Nifty ended at 11,189.20, down 95.10 points or 0.84 per cent.
In the 30-pack Sensex, six stocks ended in the green and 24 in the red with Tata Motors as the worst performer and ICICI Bank the best. Vedanta, Bajaj Auto, Maruti Suzuki and Hero MotoCorp too joined Tata Motors on the losers list, slipping up to 7.0 per cent.
HCL Tech, IndusInd Bank, TCS and Infosys were among other Sensex stocks that advanced.