Mirroring meltdown in global markets, the Sensex opened with a huge negative gap of 445 points at 13,086, and soon touched a low of 13,052. The index, thereafter, steadied and exhibited rangebound movement till noon deals.

Renewed buying interest in select heavyweights like SBI [Get Quote] and Reliance helped the index recoup losses in the latter half of the trading day. Aggressive buying coupled with short-covering saw the index rebound into the positive zone at the fag end of the day.

The Sensex touched a high of 13,556 - a gain of 504 points from the day's low - and finally settled with a marginal loss of 12 points at 13,519.

The market breadth, however, was fairly negative - out of 2,711 stocks traded, 1,749 advanced and 890 declined today.

Index movers...

SBI soared 6.5% to Rs 1,586. Sterlite surged 2.7% to Rs 478.

Reliance rallied 2.4% to Rs 1,928.

ITC, HDFC Bank [Get Quote] and Tata Motors [Get Quote] advanced over 2% each to Rs 194, Rs 1,230 and Rs 398, respectively.

BHEL and Bharti Airtel [Get Quote] were up over 1% each at Rs 1,647 and Rs 775, respectively.

...and the shakers

ICICI Bank [Get Quote] slumped 5.8% to Rs 591. Jaiprakash Associates [Get Quote] plunged over 5% to Rs 140.

Maruti [Get Quote] tumbled 3.5% to Rs 698. Ranbaxy [Get Quote] and Satyam [Get Quote] slipped over 3% each to Rs 406 and Rs 356, respectively.

Wipro [Get Quote], Tata Steel [Get Quote] and DLF dropped around 2.5% each to Rs 392, Rs 488 and Rs 423, respectively.

ACC declined nearly 2% to Rs 583. Tata Power [Get Quote] and TCS [Get Quote] shed 1.6% each at Rs 976 and Rs 750, respectively.

HDFC and Hindalco [Get Quote] were down over 1% each at Rs 2,179 and Rs 114, respectively.

Value & volume toppers

Reliance Capital [Get Quote] topped the value chart with a turnover of Rs 357.70 crore followed by ICICI Bank (Rs 324.85 crore), Bharti Airtel (Rs 258 crore), Reliance (Rs 253.40 crore) and HDFC (Rs 240 crore).

Reliance Natural Resources [Get Quote] led the volume chart with trades of around 1.50 crore shares followed by IFCI (1.06 crore), Ispat Industries [Get Quote] (70.50 lakh), Chambal Fertilisers (64.65 lakh) and GVK Power (56 lakh).