Sensex down 67pts; M&M drops 5%

After opening with a positive gap of 125 points at 20,103, the Sensex touched a fresh all-time intra-day high of 20,238, before slipping into the negative zone to a low of 19,814 - down 424 points from the peak. The index is now down 67 points at 19,911.

Mahindra & Mahindra has tumbled 4.7% to Rs 759. Maruti has dropped 3% to Rs 1,153.

Reliance has slipped over 2% to Rs 2,767. SBI has shed 1.5% at Rs 2,085.

NTPC, Hindustan Unilever and ITC have dropped 1.3% each to Rs 230, Rs 217 and Rs 180, respectively.

BHEL has surged 2.7% to Rs 2,682.

Reliance Energy has advanced over 2% to Rs 1,760, and Laren & Toubro has added 1.7% to Rs 4,350.