Following Tuesday's 250-points bounce back, the BSE benchmark index, the Sensex, opened 44 points higher at 15,079, and soon touched a high of 15,097.
The index, however, could not hold gains as negative cues from the Asian markets dragged the index into red.Considerable amount of selling in auto, realty, metal and energy stocks saw the index tumble to a low of 14,684 - down 413 points from the day's high. The index thereafter consolidated at lower levels and then attempted a recovery in mid-noon trades. Select banking, realty and IT stocks aided the said recovery.
However, a fresh round of selling towards the end saw the Sensex drop 226 points to 14,809.
The NSE Nifty ended at 4,394, down 65 points.
The market beadth was marginally negative, out of 2,713 shares traded, 1,490 declined and 1,134 advanced and 89 were unchanged on the BSE.
All the sectoral indices ended in red. The BSE oil & gas slipped around 3% to 9,260. Metal, auto, power, public sector unit, realty, TECk and IT stocks declined 1-2% each.
INDEX SHAKERS
ACC and Reliance Infrastructure tumbled 5% each to Rs 756 and Rs 1,080, respectively.
Reliance Communcations and Grasim Industries slipped over 4% each to Rs 240 and Rs 2,465, respectively.
Tata Steel, Mahindra & Mahindra, Reliance and Hindalco decreased over 3% each to Rs 434, Rs 741, Rs 1,884 and Rs 103, respectively.
Jaipraksh Associates, SBI, Hero Honda, Tata Motors, TCS, ONGC Corporation, NTPC, Bharti Airtel, Wipro, BHEL, Sterlite and Sun Pharma were the other losers within the range of 1-3% each.
AND THE MOVERS
HDFC moved 1.5% to Rs 2,357. HDFC Bank and Larsen & Toubro were marginally at Rs 1,445 and Rs 1,481, respectively.
VALUE & VOLUME TOPPERS
Reliance toped the combined value chart with a turnover of Rs 922 crore. It was followed by Tata Steel (Rs 611 crore), Suzlon (Rs 550 crore), DLF (Rs 504 crore) and Aban Offshore (493 crore).
IFCI led the value chart with trades of 92 million shares. It was followed by Unitech (83 million), Suzlon (64 million), Ispat (37 million) and Mahindra Satyam (31 million).
