The Sensex opened with a negative gap of 20 points at 9294. After taking a sharp dip in the opening deals the index jumped back to touch a high of 9303 - still down 11 points from its previous close.
Across the board selling in the market due to weak global markets and rising curde oil prices saw the index plunge to a low of 9158 - down 156 points from its previous close. However, selective buying towards the close saw the index erase some gains and close with a loss of 77 points at 9238.
While the BSE Smallcap index tumbled over 1% to 6076, the BSE Midcap index was down 0.5% at 4559. The BSE Oil & Gas index slumped over 2% to 4462. The BSE Bankex and PSU index declined 1.3% each to 5013 and 5384, respectively, while the BSE Auto index ended with a loss of 0.7% at 4209.
Declines beat advances 2.1:1 - out of 2,551 stocks traded, 1,686 declined, 806 advanced and the rest were unchanged today.
Late buying at the Hindalco counter saw the stock surge 2.7% to close at Rs 152.
Wipro gained 2.6% at Rs 461, backed by its Q3 performance.
Gujarat Ambuja spurted over 2% to Rs 90. Dr.Reddy's was up 1.2% at Rs 1,029.
Reliance, which closed at Rs 715 in the specail one-hour trading session for the post demerger price discovery, had a hectic day. The stock closed at Rs 694 amid huge volume.
ONGC slumped 3.5% to close at Rs 1,181.
Tata Motors, HDFC Bank, Reliance Energy, SBI, HLL, Larsen & Toubro, ICICI Bank, NTPC, ITC, Maruti, Infosys and Cipla declined 1-2% each.
Dena Bank, Balaji Tele and JB Chemicals surged 5% each to Rs 37, Rs 175, and Rs 114 respectively. Apollo Hospitals, VSNL, GTL and Britannia gained 3-4% each.
HPCL tumbled nearly 6% to Rs 317. India Cements dropped 5% to Rs 111. Mirc Electronics, Bombay Dyeing, HCL Infosys, Apollo Tyre, BEML, GMDC, Micro Inks, D-Link, VisualSoft, Oriental Bank of Commerce, Sterlite and Syndicate Bank declined 3-4% each.
Reliance topped the value chart with a turnover of Rs 2,257.07 crore (including the one-hour special trading session) followed by Satyam (Rs 155.44 crore), Educomp (Rs 132.45 crore), SBI (Rs 118.62 crore) and Infosys (Rs 112.84 crore).
Reliance also led the volume chart with trades of around 3.19 crore shares (including two crore shares traded in the one-hour special trading session) followed by Nandan Exim (68.08 lakh shares), Dena Bank (55.40 lakh shares), Educomp (44.29 lakh shares) and Bartronics (34.71 lakh shares).



