The Sensex opened with a positive gap of 67 points at 16,796. After advacing to a high of 16,844, the index slipped into the red to 16,668 - down 176 points from the day's high. It finally ended at 16,721 points, 23 points higher. The NSE Nifty settled with a loss of 23 points at 4,999. ACC was the biggest loser on the Sensex, down 5.5% to Rs 798. Reliance COmmunication and Rel Energy were down 2.89% and 2.73%. Hindustan Unilever was the biggest gainer, up 3.12% to Rs 249.35.
The market breadth was fairly negative - out of 2,711 stocks traded, 1,514 declined, 1,107 advanced and 90 stocks were unchanged on Tuesday. ACC slumped nearly 6% to Rs 560. Maruti tumbled nearly 4% to Rs 616.
