Despite 550 points rally on Tuesday, the Sensex opened with a negative gap of 154 points at 14,896 owing to weakness in global markets. The index soon tumbled to a low of 14,766 on selling by funds in heavy-weight stocks led by banking and realty sectors.
The index tried to recover in the noon deals and touched a high of 14,994 points. The Sensex finally ended with a loss of 132 points at 14,917.
The NSE Nifty dropped 50 points to settle at 4,453.