The Sensex opened with a positive gap of 266 points at 12,068 following the two positive moves by the regulators. The Sebi chief yesterday removed crubs on P-notes, and the RBI head cut cash reserve ratio by 50 basis points.
The index soon touched a high of 12,181, but could not hold gains. Selling pressure at higher levels forced the index slip into the negative zone. The index, thereafter, exhitbited high volatility throughout the day amid alternate bouts of buying and selling. The index touched an intra-day low of 11,502 - down 679 points from the day's high.
The Sensex finally ended with a loss of 17 points at 11,784.
