Sensex breaks the 3-day winning streak

The Sensex opened flat at 17,032 owing to subdued cues from the global markets. The index touched a high of 17,099 and continued to swing between alternate zones of red and green.

The index slipped to a low of 16,958. The BSE benchmark ended at 16,998, down 52 points. The NSE Nifty settled flat at 5,054.

INDEX SHAKERS. . .

Reliance Infrastructure declined 3% to Rs 1,150. Larsen & Toubro slipped 2% to Rs 1,627.ICICI Bank,Grasim Industries and Sun Pharma were down 1% each.

Reliance Industries was down 1.5% at Rs 2,102 and contributed 34 points to the fall.

AND THE MOVERS. . .

Tata Motors advanced 3% to Rs 646. Tata Steel, ITC and Infosys added 1.55 each at Rs 546 and Rs 259 and Rs 2,433, respectively.

Jaiprakash Associates, DLF and Tata Power were the other prominent gainers.

The market breadth was fairly positive, out of 2,843 shares traded, 1,599 advanced and 1,166 declined on the BSE.

The sectoral indices put up a flat performance, the metal index was up 1% at 16,165.