Sensex ends down 99pts at 14,911

A downward revision in earnings guidance by Infosys coupled with weak global markets saw the Sensex open with a negative gap of 62 points at 14,948. The index soon tumbled to a low of 14,830 - down 180 points from the previous close in a matter of few minutes as technology stocks took a hard hit.

Fresh buying in cement and metal stocks helped the index recover from the day's low. The buying momentum was so strong that the index rebounded into the positive zone (high 15,015) for the brief while.

The index, thereafter, languished in negative zone for the rest of the day as investors stayed away from beaten down technology stocks. The Sensex finally ended with a loss of 99 points at 14,911.