After the record-breaking 879 points rally on Tuesday, the Sensex opened with a huge positive gap of 235 points at 18,728 and touched a high of 18,832 in early deals.

The index, however, could not hold the gains, slipped into negative zone in early nooon deals and dropped to a low of 18,317 - down  515 points from the day's high.

The index displayed volatile moves for the remaning part of the trading session, and finally ended on a flat note at 18,513 - up 20 points.

The Nifty closed at 5,496, up 22 points.

The BSE Mid-cap and Small-cap indices moved up over 1% each to 7651 and 9242, respectively.

The market breadth was positive - out of 2,785 stocks traded, 1,556 advanced, 1,176 declined and 53 were unchanged today.

INDEX MOVERS...

Reliance Eenergy zoomed 8.5% to Rs 1,654. SBI [Get Quote] soared over 5% to Rs 1,908.

Tata Steel [Get Quote], Hindalco [Get Quote], HDFC Bank [Get Quote] and Larsen & Toubro rallied over 2% each to Rs 915, Rs 189, Rs 1,507 and Rs 3,403, respectively.

NTPC and Cipla surged 1.8% each to Rs 221 and Rs 197, respectively.

Maruti [Get Quote] advanced 1.4% to Rs 1,119, and ACC added 1.2% to Rs 1,078.

...AND THE SHAKERS

ONGC [Get Quote] plunged over 3% to Rs 1,108. Tata Motors [Get Quote] tumbled dropped 27% to Rs 775.

Infosys [Get Quote] and Bharti Airtel [Get Quote] dropped 2% each to Rs 1,845 and Rs 986, respectively.

Mahindra & Mahindra and Bajaj Auto [Get Quote] shed 1.8% each to Rs 760 and Rs 2,480, respectively.

TCS [Get Quote] slipped 1.5% to Rs 1,048. Grasim [Get Quote], Wipro [Get Quote], Reliance Communications [Get Quote] and HDFC were down 1% each to Rs 3,652, Rs 486, Rs 748 and Rs 2,542, respectively.

VALUE & VOLUME TOPPERS

Reliance Energy [Get Quote] topped the value chart with a turnover of Rs 595 crore followed by Reliance Petro (Rs 369 crore), Reliance (Rs 287.35 crore), Reliance Communications (Rs 284.70 crore) and Power Grid (Rs 225.50 crore).

Himachal Futuristic led the volume chart with trades of around 2.75 crore shares followed by Reliance Natural Resources [Get Quote] (2.15 crore), Reliance Petro (1.98 crore), Power Grid (1.61 crore) and Tata Teleservices [Get Quote] (1.39 crore).