The markets ended in deep red after seeing a significant uptrend, on account of profit booking seen at the higher level.
All the BSE sector indices closed in red, heavy selling was seen in technology, banking and metal stocks.
The Sensex closed at 13,601.95 down 171.64 points and the Nifty closed at 3922 down 47 points.
The BSE Small Cap Index closed at 6,531.39 down 45 points.
The BSE Midcap Index ended at 5,651.21 down 34.57 points.
The BSE FMCG Index lost 0.6% at 1,985.68. United Spirits, Colgate, Dabur India, Shaw Wallace, HLL closed in red.
The BSE Metal Index was down 1.7% to close at 8,921.50. Hind Zinc, SAIL, JSW Steel, Hindalco and Tata Steel were among the losers.
The BSE Bankex was down 1.5% at 7,105.07. Bank of Baroda, Kotak Mahindra, Bank of India, IOB and ICICI Bank moved downwards.
The BSE Health Care Index was plunged 0.5% at 3,716.88. Cipla, Apollo Hospital, Aventis Pharma, Dr Reddys Labs and Divis Labs closed lower.
The BSE Capital Goods Index was down 0.9% at 8,921.82. Aban Offshore, Crompton Greave, KEC Infrastruct, Alstom Projects, Carborundum ended lower
The BSE Auto Index closed at 5,305.46 down 0.8%. Escorts, Tube Investment, Hind Motors, Tata Motors and Punj Tractors were among the losers.
The BSE IT Index closed at 5,044.49 down 2.4%. HCL Tech, Satyam, Hexaware Tech and Infosys ended weak.
The BSE Oil and Gas Index closed at 6,139.00 down 0.5%. Reliance Natural, BPCL, HPCL and Chennai Petro slipped.
The NSE cash turnover was at Rs 8248.1 crore and the NSE F&O turnover was at Rs 41424.53 crore. The BSE cash turnover was Rs 4145.65 crore. Total market wide turnover was at Rs 53818.28 crore.
Markets today:
-Markets close in negative territory on profit booking
-Selling across sectors; all major indices end in the red
-Sensex ends at 13602, Nifty at 3922 points, down 1.2% each
-BSE IT Sector index down 2.4%; HCL Tech down 3.6%; Satyam down 3.3%
-BSE Metals index down 1.6%; SAIL down 3.5%, Hindalco down 1.9%
-BSE Bank index down 1.5%; ICICI Bank down 2.5%, HDFC Bank down 2.1%
-Torrent Power ends at Rs 70.70 vs listing price of Rs 64.80 on BSE
-NSE CNX Midcap index down 0.8%; BSE Small Cap index down 0.7%
-Market breadth negative; NSE Advance Decline ratio 4:9
-Total turnover at Rs 53,818.28 cr vs Rs 41,587.72 cr
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