Sensex ends at 12,285, down 150pts

Mirroring the weak trend in the global markets the Sensex opened with a negative gap of 34 points at 12,401. Heavy all-round selling in the opening deals saw the index tumble to a low of 12,224 - down 211 points from its previous close.

The index, thereafter, staged a smart recovery as it touched a high of 12,422. However, a fresh round of heavy selling towards the end saw the index tumble back to lower levels.

The Sensex finally settled with a significant loss of 1.2% (150 points) at 12,285.

The BSE Oil & Gas index plunged over 3% to 5,946. The Bankex dropped 2.2% to 5,624, and PSU index shed 1.7% at 6,347. The FMCG index was down 1% at 2,263.