The Sensex opened on a flat (up two points) note at 6,513, and snapped gains immediately on the resumption of selling pressure.
While the overall market was extremely bearish thereafter, the Sensex plunged deep into the red in late noon trades and slipped below the 6,350-mark.
After touching an intra-day low of 6,327, the Sensex trimmed its losses on selective buying, and ended the session with a slump of 143 points at 6,368. The Nifty slipped below the 2,000-mark to end at 1,984 - down 45 points.
ONGC dropped 3.17% (Rs 27) to Rs 834. Reliance plunged 3.19% (Rs 18) to Rs 549. While ITC crashed 3.23% (Rs 42) to Rs 1,272, HLL lost 2.56% (Rs 3) to Rs 132.
SBI plummeted 3.77% (Rs 25) to Rs 641. While ICICI Bank fell 2% (Rs 8) to Rs 390, HDFC Bank, however, ended with a steady gain of Rs 2 at Rs 537.
Infosys tumbled 1.10% (Rs 24) to Rs 2,167. Wipro and Satyam ended with marginal losses at Rs 642 and Rs 398, respectively.
HPCL scaled down 3.43% (Rs 11) to Rs 300.
Dr. Reddy's slumped 4.24% (Rs 33) to Rs 740. While Cipla declined 2.68% (Rs 7) to Rs 251, Ranbaxy was down a per cent (Rs 9) at Rs 1,063.
Grasim lost 1.59% (Rs 19) to Rs 1,194. While Gujarat Ambuja dipped 2.50% (Rs 10) to Rs 400, ACC was down a per cent (Rs 2) at Rs 357.
Hero Honda slipped 4% (Rs 22) to Rs 519, and Maruti lost 2.30% (Rs 10) to Rs 411. Tata Motors dipped 2.29% (Rs 10) to Rs 408, while Bajaj ended in the green at Rs 1,020 - up Rs 2.
HDFC dropped 2.93% (Rs 21) to Rs 689, and Hindalco declined 2.18% (Rs 29) to Rs 1,281. While L&T tumbled 2.72% (Rs 27) to Rs 982, Tisco fell 4% (Rs 17) to Rs 401. Tata Power also ended lower at Rs 340 - down Rs 11 or 3.27%.
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