Sensex ends at 11,854, down 79pts

Mirroring weakness in the global markets the Sensex opened with a negative gap of 40 points at 11,893. The index soon plunged deeper into red, but only to bounce back and touch a high of 11,921 in the morning trades.

The index however could not sustain the recovery as persistent selling saw the index slip to a low of 11,815 - down 118 points from its previous close. Weakness was visible in pharma and technology stocks.

Selective buying towards the close saw the index recoup some of its losses and settle at 11,854, - down 79 points.