After opening with a positive gap of 73 points at 15,577, the index could barely a tad higher to touch a high of 15,580. Profit-taking at higher levels saw the index soon slip into the negative zone.
Significant weakness in banking, metal and technology stocks saw the index slide to a low of 15,125 - down 455 points from the day's high. The Sensex recouped some losses but eventually ended with a loss of 292 points at 15,212.
The BSE Bankex and the Metal index dropped around 3.5% each to 7,437 and 12,661, respectively. The IT index slipped nearly 3% to 3,772.
The market breadth was fairly negative - out of 2,729 stocks traded, 1,556 declined and 1,100 advanced today.
The NSE Nifty shed 68 points to settle at 4,552.
Tata Steel slumped 5.7% to Rs 608. Maruti tumbled over 5% to Rs 678.
Jaiprakash Associates and Sterlite shed 4.5% each at Rs 189 and Rs 597, respectively.
ICICI Bank, HDFC and Infosys dropped around 4% each to Rs 738, Rs 2,467 and Rs 1,604, respectively.
Tata Power and HDFC Bank slipped around 3.5% each to Rs 1,037 and Rs 1,264, respectively.
Bharti Airtel and Tata Motors declined around 2.5% each to Rs 823 and Rs 436, respectively.
SBI, Wipro, Ranbaxy, Satyam and TCS were down around 2% each.
ITC advanced over 1% to Rs 195.
Grasim, Mahindra & Mahindra, Reliance and Hindustan Unilever were the other gainers today.
Significant weakness in banking, metal and technology stocks saw the index slide to a low of 15,125 - down 455 points from the day's high. The Sensex recouped some losses but eventually ended with a loss of 292 points at 15,212.
The BSE Bankex and the Metal index dropped around 3.5% each to 7,437 and 12,661, respectively. The IT index slipped nearly 3% to 3,772.
The market breadth was fairly negative - out of 2,729 stocks traded, 1,556 declined and 1,100 advanced today.
The NSE Nifty shed 68 points to settle at 4,552.
Tata Steel slumped 5.7% to Rs 608. Maruti tumbled over 5% to Rs 678.
Jaiprakash Associates and Sterlite shed 4.5% each at Rs 189 and Rs 597, respectively.
ICICI Bank, HDFC and Infosys dropped around 4% each to Rs 738, Rs 2,467 and Rs 1,604, respectively.
Tata Power and HDFC Bank slipped around 3.5% each to Rs 1,037 and Rs 1,264, respectively.
Bharti Airtel and Tata Motors declined around 2.5% each to Rs 823 and Rs 436, respectively.
SBI, Wipro, Ranbaxy, Satyam and TCS were down around 2% each.
ITC advanced over 1% to Rs 195.
Grasim, Mahindra & Mahindra, Reliance and Hindustan Unilever were the other gainers today.
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