The Sensex opened with positive gap of 107 points at 16,455 on a strong cues from the Asian markets.
Fresh buying in FMCG stocks saw the index touch a high of 16,506.
Intra-day profit taking in noon deals saw the index pare gains and drop to a low of 16,238. Banking and PSU stocks were hit the most.
The Sensex finally ended with a loss of 73 points at 16,275.
The market breadth was negative - out of 2,763 stocks traded, 922 advanced, 1,760 declined and 81 were unchanged today.
The NSE Nifty was down 15 points at a close of 4,860.
Fresh buying in FMCG stocks saw the index touch a high of 16,506.
Intra-day profit taking in noon deals saw the index pare gains and drop to a low of 16,238. Banking and PSU stocks were hit the most.
The Sensex finally ended with a loss of 73 points at 16,275.
The market breadth was negative - out of 2,763 stocks traded, 922 advanced, 1,760 declined and 81 were unchanged today.
The NSE Nifty was down 15 points at a close of 4,860.
SBI tumbled 4.2% to Rs 1,473. HDFC plunged over 2% to Rs 2,520.
ICICI Bank slipped 1.7% to Rs 812.
ONGC declined 1.3% to Rs 884, while Reliance and HDFC Bank dropped 1.2% each at Rs 2,493 and Rs 1,331.
DLF and Tata Steel were down 0.8% each to Rs 596 and Rs 868, respectively.
Hindalco was down 0.5% to Rs 185.
ICICI Bank slipped 1.7% to Rs 812.
ONGC declined 1.3% to Rs 884, while Reliance and HDFC Bank dropped 1.2% each at Rs 2,493 and Rs 1,331.
DLF and Tata Steel were down 0.8% each to Rs 596 and Rs 868, respectively.
Hindalco was down 0.5% to Rs 185.
Satyam surged 3.3% to Rs 499, and Cipla gained 3% to Rs 205.
Wipro advanced 2.7% to Rs 492. ITC and Reliance Communications added 1.6% each to Rs 209 and Rs 552, respectively.
Ambuja Cements, NTPC and Reliance Infrastructure moved up nearly 1% each at Rs 98, Rs 177 and Rs 1,259, respectively.
TCS was up 0.8% to Rs 967.
Wipro advanced 2.7% to Rs 492. ITC and Reliance Communications added 1.6% each to Rs 209 and Rs 552, respectively.
Ambuja Cements, NTPC and Reliance Infrastructure moved up nearly 1% each at Rs 98, Rs 177 and Rs 1,259, respectively.
TCS was up 0.8% to Rs 967.
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