The Sensex opened 24 points higher at 13,717, but soon slipped into the negative zone. Persistent selling technology and realty stocks saw the index slide to a low of 13,431 - down 286 points from the day's high.
However, some value buying at lower levels helped the index recover some of its losses towards the close. The Sensex finally ended with a loss of 145 points at 13,547.
The BSE IT and Realty indices shed 2% each at 3,348 and 3,840, respectively.
The market breadth was fairly negative - out of 2,665 stocks traded, 1,687 declined and 901 advanced today.
Wipro and Ranbaxy plunged nearly 5% each to Rs 353 and Rs 296, respectively.
Hindalco slumped 4% to Rs 105. Grasim and TCS tumbled around 3.5% each to Rs 1,867 and Rs 690, respectively.
DLF and ACC slipped nearly 3% each to Rs 389 and Rs 611, respectively.
Bharti Airtel, Tata Power and ITC shed 2.5% each at Rs 791, Rs 999 and Rs 188, respectively.
Sterlite dropped over 2% to Rs 477. BHEL, Satyam and SBI declined nearly 2% each to Rs 1,633, Rs 328 and Rs 1,494, respectively.
Reliance Communications, Reliance Infrastrucutre and Infosys were down over 1% each at Rs 365, Rs 878 and Rs 1,505, respectively.
HDFC Bank advanced over 1% to Rs 1,298.
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