Domestic markets fell, dragged down by metals stocks on the back of sharp declines in global prices, while private lender IndusInd Bank jumped nearly 6 per cent on strong quarterly results. The action mainly remained stock-specific as traders reacted to a host of corporate numbers that came out last evening. Investors also squared off positions ahead of the F&O expiry later in the day. Sensex lost over 700 points to 60,430 while Nifty gave up 18,000 mark to trade 200 points down. All sectors were in the red. PSU Bank and Metal indices declined the most. Broader markets remained weak and fell in tandem with the benchmarks. India VIX was up 7 per cent.