The Sensex finally ended (provisional) in the red, down 50 points at 14,276.
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(Updated at 1507 hrs)
The Sensex after rebounding is now flat at 14,342, up 16 points.
Grasim has gained 4.5% at Rs 2,238.
Tata Motors and Reliance have added over 3.5% each to Rs 347 and Rs 2,024, respectively.
NTPC, BHEL, ONGC, HDFC and Reliance Infrastructure were up 1.5-2.5% each.
ICICI Bank has slipped 4% to Rs 696.
HDFC Bank and Hindalco have dropped around 3.5% each to Rs 1,486 and Rs 81, respectively.
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Sterlite, ITC and Mahindra & Mahindra are down over 2.5% each at Rs 577, Rs 203 and Rs 709, respectively.
The BSE Oil & Gas index is up 2.5%.
The BSE Bankex has shed 2% to 7,949. The Metal and the Realty indices are down around 1.5% each.
The market breadth is still negative, out of 2,577 shares traded, 1,540 have declined and 963 have advanced so far on the BSE.