The Sensex is now quoting at 16,758, down by 116 points and the Nifty is placed at 4,961, lower by 41 points. The Sensex had touched a low of 16,622 and the Nifty had hit 4,921 during the course of the day.
The leading Sensex gainers are Hindustan Unilever (firm by 3.7% at Rs 276), Hindalco (up by 3% at Rs 121), ITC (stronger by 2.9% at Rs 245) and Sterlite has gained 1.9% to Rs 765. Grasim and ONGC, HDFC Bank and Grasim have gained up to 1% each.
The major losers on the Sensex are Bharti Airtel (shed 11% at Rs 356), Reliance Communications (slipped by 11% at Rs 267), DLF (lower by 3.9% at Rs 406) and Tata Motors (lost 3.9% to Rs 539). ACC, Jaiprakash Associates, and Sun Pharma have lost between 2 and 3 per cent each.
The top Nifty gainers are Hindustan Lever (firmer by 3.7% at Rs 276), Hindalco (stronger by 3.4% at Rs 122), ITC (stronger by 3.1% at Rs 246) and Sterlite (up by 2.1% at Rs 765).
The major losers on the Nifty are Bharti Airtel (down by 11% at Rs 353), Reliance Communications (lower by 10.77% at Rs 267) and Idea (weak by 10% at Rs 63)