The Sensex opened 74 points lower at 8,841, after extending losses in the opening trades, the index soon rebounded and touched a high of 9,042. The index, however, could not hold on the gains and slipped back into red.
Unabated selling in select frontline stocks saw the index slip to a low of 8,702 - down 340 points from the day's high. The Sensex, however, rebounded into the positive zone in the last hour of trades, but eventually ended with a loss of 12 points at 8,903.
The BSE Realty index plunged 3.8% to 1,583, and the Bankex tumbled over 3% to 4,455. On the other hand, the Power index gained 2% at 1,619.
The market bearth was negative - out of 1,382 stocks traded, 1,382 declined, 1,060 advanced and the rest were unchanged today.
INDEX SHAKERS...
Satyam slumped 4.5% to Rs 230. ICICI Bank and DLF plunged nearly 4% each to Rs 323 and Rs 191, respectively.
Also Read
Mahindra & Mahindra, SBI and HDFC Bank shed around 3% each at Rs 300, Rs 1,147 and Rs 832, respectively.
Ranbaxy and Grasim slipped 2.8% each to Rs 214 and Rs 908, respectively.
Tata Steel dropped 2.5% to Rs 156. Sterlite and HDFC declined nearly 2% each to Rs 215 and Rs 1,374, respectively.
ONGC and Jaiprakash Associates were down around 1.5% each at Rs 679 and Rs 57, respectively.
...AND THE MOVERS
Reliance Infrastructure surged 4% to Rs 505. Maruti and Tata Power rallied over 3.5% each to Rs 530 and Rs 653, respectively.
TCS and Bharti Airtel gained 2.7% each at Rs 521 and Rs 636, respectively.
NTPC moved up 2% to Rs 153. Wipro, Reliance and BHEL were up around 1.5% each at Rs 234, Rs 1,145 and Rs 1,301, respectively.
VALUE & VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 281.70 crore followed by Reliance Capital (Rs 249.50 crore), SBI (Rs 228.25 crore), Reliance Infrastructure (Rs 168.20 crore) and ICICI Bank (Rs 140.20 crore).
Unitech led the volume chart with trades of around 1.66 crore shares followed by GVK Power (1.20 crore), Suzlon (1.10 crore), Reliance Natural Resources (89 lakh) and Reliance Capital (Rs 55.80 lakh).