The Sensex opened with a marginal positive gap of three points at 9,349, but moved up to a high of 9,423 in late morning deals.
After moving in a narrow range thereafter, the Sensex dropped to a low of 9,273 in late noon deals - an intra-day swing of 150 points. Buying at lower levels saw the Sensex finally close with a loss of seven points at 9,339.
Hero Honda advanced 3.9% (Rs 32) to Rs 873. Bajaj gained Rs 11 to Rs 2,095.
Ranbaxy was firm right through the session, and closed with a gain of over 2% (Rs 8) at Rs 364.
HDFC added Rs 28 (2.3%) to Rs 1,269. ACC dropped over 3% (Rs 17) to Rs 543. While Grasim declined Rs 14 to Rs 1,355, Gujarat Ambuja was down a rupee at Rs 81.
SBI slipped 2.7% (Rs 25) to Rs 907. ITC was down Rs 2 at Rs 141. While ONGC was up Rs 7 at Rs 1,160, Reliance added Rs 5 to Rs 860. HLL was up a rupee at Rs 196.
Wipro dropped 1.7% (Rs 8) to Rs 458. TCS declined Rs 6 to Rs 1,686. Infosys was up Rs 6 at Rs 2,973.