The Nifty lost 220 points to close at 5,561.

The BSE Metal and Power indices plunged 6% each to 16,254. and 4246, respectively. The Bankex and Realty indices dropped 5% each to 10,228 and 9954, respectively.

The market breadth was very negative - out of 2,854 stocks traded, 2,201 declined, 629 advanced and 24 were unchanged today.

Index Draggers...

NTPC tumbled 8% to Rs 240. BHEL slumped 6.3% to Rs 2,486, and ITC plunged 6% to Rs 185.

Maruti [Get Quote] tumbled nearly 6% to Rs 951. Reliance Energy [Get Quote], ICICI Bank [Get Quote] and SBI [Get Quote] shed 5.5% each at Rs 1,693, Rs 1,103 and Rs 2,155, respectively.

Larsen & Toubro and Hindalco [Get Quote] dropped over 5% each to Rs 4,109 and Rs 185, respectively. Tata Steel [Get Quote] plunged 4.4% to Rs 822.

DLF and Reliance Communications [Get Quote] slipped around 4% each to Rs 871 and Rs 682, respectively.

Grasim [Get Quote] and Ranbaxy [Get Quote] declined 3.7% each to Rs 3,625 and Rs 399, respectively.

Mahindra & Mahindra, Tata Motors [Get Quote] and HDFC Bank [Get Quote] were down 3% each at Rs 707, Rs 687 and Rs 1,583, respectively.
 

Major Gainers			Major Losers
Name	Close	% Chg	Name	Close	% Chg
In House Prod	22.05	72.8	Rama Pul	38.00	15.1
Acrysil	70.70	20.0	Kirferrous	23.05	14.6
Dharan Sug	22.90	19.9	SQL Star	44.45	14.4
JCT Elect	2.73	19.7	Chambal Fert	64.40	13.9
Orient Inf	19.45	19.0	Gangotri	35.55	13.7
(Close = Stock pirce at the end of day in Rs)

Value & Volume Toppers

Debutant Religare topped the value chart with a turnover of Rs 602 crore followed by Reliance Petroleum [Get Quote] (Rs 382 crore), Reliance Natural Resources [Get Quote] (Rs 267 crore), Reliance (Rs 262 crore) and Reliance Capital [Get Quote] (Rs 197 crore).

Tata Teleservices [Get Quote] led the volume chart with trades of around 2.13 crore shares followed by Reliance Petroleum (1.84 crore), IFCI (1.77 crore), Reliance Natural Resources (1.71 crore) and Bellary Steel (1.46 crore).