However, fresh buying at lower levels helped the index recover all its losses by mid noon trades. A fresh round of buying in late trades saw the index surge to a high of 14,249 - up 518 points from the days low. The Sensex finally settled with a gain of 113 points at 14,220.
The NSE Nifty ended with a gain of 60 points at 4,251.
The market breadth was marginally positive- out of 2707 stocks traded, 1,370 advanced, 1,264 declined and 73 were unchanged today.
INDEX MOVERS.....
Reliance Communications (RCom) zoomed 7.2% at Rs 509. Tata Steel surged 4.5% at Rs 743. DLF and Reliance Infra gained 4.2% each at Rs 458 and Rs 945, respectively.
TCS and Bharti Airtel advanced 4% each at Rs 877 and Rs 780, respectively. Ranbaxy was up 3.8% at Rs 545. BHEL gained 3.7% at Rs 1,442. Reliance advanced 3.4% to Rs 2,135 and Maruti was up 3.2% at Rs 700.
Hindalco and Ambuja Cements gained over 2% each at Rs 148 and Rs 82, respectively.
HDFC, NTPC and ONGC advanced over 1% each to Rs 1,073, Rs 157 and Rs 864, respectively.
...AND THE SHAKERS
HDFC plunged 4.3% to Rs 2,136. Wipro shed 2.9% at Rs 451.
Cipla, Infosys and ITC tumbled 2.5% each to Rs 206, Rs 1,696 and Rs 182, respectively. Satyam dropped 2% to Rs 437.
MOST ACTIVE COUNTERS
Spice Telecom topped the value chart with a turnover of Rs 339.58 crore followed by Reliance Capital (Rs 320.73 crore), Reliance (Rs 276.63 crore), Reliance Petroleum (Rs 196.40 crore) and ONGC (Rs 56.76 crore).
Spice Telecom led the volume chart with trades of around 4.88 crore shares followed by Reliance Natural Resources (1.39 crore), Reliance Petroleum (Rs 1.17 crore), Ispat Industries (1.08 crore) and IFCI (1.04 crore).
