The Sensex opened with a marginal positive gap of three points at 9,349, but moved up to a high of 9,423 in late morning deals.

After moving in a narrow range thereafter, the Sensex dropped to a low of 9,273 in late noon deals - an intra-day swing of 150 points. Buying at lower levels saw the Sensex finally close with a loss of seven points at 9,339.

Hero Honda advanced 3.9% (Rs 32) to Rs 873. Bajaj gained Rs 11 to Rs 2,095.

Ranbaxy [Get Quote] was firm right through the session, and closed with a gain of over 2% (Rs 8) at Rs 364.

HDFC [Get Quote] added Rs 28 (2.3%) to Rs 1,269. ACC dropped over 3% (Rs 17) to Rs 543. While Grasim [Get Quote] declined Rs 14 to Rs 1,355, Gujarat Ambuja [Get Quote] was down a rupee at Rs 81.

SBI [Get Quote] slipped 2.7% (Rs 25) to Rs 907. ITC was down Rs 2 at Rs 141. While ONGC [Get Quote] was up Rs 7 at Rs 1,160, Reliance [Get Quote] added Rs 5 to Rs 860. HLL [Get Quote] was up a rupee at Rs 196.

Wipro [Get Quote] dropped 1.7% (Rs 8) to Rs 458. TCS [Get Quote] declined Rs 6 to Rs 1,686. Infosys [Get Quote] was up Rs 6 at Rs 2,973.