The index moved up to a high of 11,492 - up 315 points from the day's high. Profit taking in noon trades saw the index slip back into red. The Sensex thereafter displayed zig-zag movement and finally ended with a gain of 43 points at 11,372.
The Nifty ended down 11 points at 3,470.
The BSE Bankex rallied 2.4% to 5,727, and the Capital Goods index gained 1.6% at 8,072. However, the Realty index dropped 2.4% to 2,202.
The market breadth was negative. Out of 2,582 stocks traded,1,341 declined and 1,158 advanced.
Meanwhile elsewhere in Asia - the Hang Seng slumped 2.7% (418 points) to 14,840. The Taiwan Weighted index dropped 3% to 5,705. The Shanghai Composite and the Straits Times declined nearly 2%
each.
INDEX MOVERS...
ICICI Bank surged 8% to Rs 468. Wipro and Sterlite advanced over 4% each to Rs 325 and Rs 415, respectively.
Jaiprakash Associates and TCS rallied over 3.5% each at Rs 130 and Rs 603, respectively.
Larsen & Toubro and Sun Pharma added over 2.5% each to Rs 908 and Rs 1,230, respectively.
...AND THE SHAKERS
Ranbaxy slipped over 4.5% to Rs 168.
Reliance infrastructure and Reliance Communications shed over 3.5% each to Rs 711 and Rs 223, respectively.
Hindustan Unilever, ACC and Tata Steel dropped 3% to Rs 231, Rs 659 and Rs 253, respectively.
VALUE TOPPERS
ICICI Bank has topped the value chart with a turnover of Rs 366.67crore followed by Reliance Capital (Rs 208.85 crore), Jaiprakash Associates (Rs 198.91 crore), Reliance (Rs 195.64 crore) and Indiabulls Realestate (Rs 175.95 crore).