Mumbai, May 27 -- The domestic equity benchmarks ended with major cuts today, snapping a two-day winning streak, as mixed global cues and profit booking weighed on investor sentiment. Caution prevailed ahead of key domestic economic data releases. The Nifty closed below the 24,850 mark. PSU Bank, realty, and pharma stocks advanced, while FMCG, IT, and auto shares declined.

As per provisional closing data, the barometer index, the S&P BSE Sensex, tanked 624.82 points or 0.76% to 81,551.63. The Nifty 50 index slipped 174.95 points or 0.70% to 24,826.20.

In the broader market, the S&P BSE Mid-Cap index rose 0.18% and the S&P BSE Small-Cap index added 0.19%.

The market breadth was negative. On the BSE, 1,956 shares rose and 1,976 shares f...