The Sensex opened with a negative gap of 148 points at 14,423. Minor pull-back in opening trades saw the index touch a high of 14,511.
The index, however, soon slipped deeper into red and touched a low of 14,163 - down 408 points from its previous close. Selective buying at lower levels helped the index recover some of its losses.
The Sensex finally ended with a loss of 278 points at 14,293.
The market breadth was extremely negative - out of 2,697 stocks traded, 2,222 declined, 425 advanced and 50 were unchanged today.
The NSE Nifty shed 81 points and ended at 4,266.
Jaiprakash Associates and Hindalco slumped 8% each to Rs 153 and Rs 148, respectively.
Larsen & Toubro tumbled 6.5% to Rs 2,396. Maruti and Ranbaxy plunged 5.5% each to Rs 688 and Rs 513, respectively.
Reliance Infrastructure and Mahindra & Mahindra shed over 4.5% each at Rs 917 and Rs 549, respectively.
Tata Steel slipped over 4% to Rs 746. Reliance and SBI dropped 3.5% each to Rs 2,022 and Rs 1,205, respectively.
ACC and BHEL slipped over 3% each to Rs 606 and Rs 1,361, respectively.
DLF and ICICI Bank declined around 2% each to Rs 446 and Rs 721, respectively.
ONGC surged 2.5% to Rs 887. HDFC advanced 1.4% to Rs 2,215.
Wipro, Infosys and Satyam were up over 1% each at Rs 480, Rs 1,848 and Rs 460, respectively.
The index, however, soon slipped deeper into red and touched a low of 14,163 - down 408 points from its previous close. Selective buying at lower levels helped the index recover some of its losses.
The Sensex finally ended with a loss of 278 points at 14,293.
The market breadth was extremely negative - out of 2,697 stocks traded, 2,222 declined, 425 advanced and 50 were unchanged today.
The NSE Nifty shed 81 points and ended at 4,266.
Jaiprakash Associates and Hindalco slumped 8% each to Rs 153 and Rs 148, respectively.
Larsen & Toubro tumbled 6.5% to Rs 2,396. Maruti and Ranbaxy plunged 5.5% each to Rs 688 and Rs 513, respectively.
Reliance Infrastructure and Mahindra & Mahindra shed over 4.5% each at Rs 917 and Rs 549, respectively.
Tata Steel slipped over 4% to Rs 746. Reliance and SBI dropped 3.5% each to Rs 2,022 and Rs 1,205, respectively.
ACC and BHEL slipped over 3% each to Rs 606 and Rs 1,361, respectively.
DLF and ICICI Bank declined around 2% each to Rs 446 and Rs 721, respectively.
ONGC surged 2.5% to Rs 887. HDFC advanced 1.4% to Rs 2,215.
Wipro, Infosys and Satyam were up over 1% each at Rs 480, Rs 1,848 and Rs 460, respectively.
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