The Sensex opened 96 points lower at 8,938, and soon touched a low of 8,922. The index, thereafter, rebounded into the positive zone led by selective buying in index heavyweights.
While realty and energy stocks witnessed buying on Wednesday, banking stocks were under severe selling pressure. The index moved up a to a high of 9,114, however, slipped back in red towards the close. The Sensex, after a rather volatile day, finally ended with a marginal loss of 20 points at 9,015.
The NSE Nifty ended at 2,776, gaining 6 points.
The BSE Realty index surged over 3% to 1,492, and the Oil & Gas index gained 1.5% at 6,163. On the other hand, the Bankex dropped 2.3% to 4,479, and the Consumer Durables index shed 1.7% at 1,564.
The market breadth was negative - out of 2,493 stocks traded, 1,385 declined, 1,002 advanced and the rest were unchanged on Wednesday.
INDEX MOVERS...
DLF zoomed over 7% to Rs 159. Maruti rallied 4.5% to Rs 625.
ACC surged over 3% to Rs 563. Reliance gained 2% at Rs 563.
NTPC, Bharti Airtel, Tata Motors and Jaiprakash Associates moved up 1.3% each to Rs 176, Rs 641, Rs 133 and Rs 69, respectively.
BHEL and Grasim were up 1% each at Rs 1,395 and Rs 1,341, respectively.
...AND THE SHAKERS
HDFC and Mahindra & Mahindra plunged 4.7% each to Rs 1,364 and Rs 285, respectively.
ICICI Bank shed 4.3% at Rs 369. Reliance Infrastructure dropped 3.4% to Rs 501.
SBI slipped 2.7% to Rs 1,071. Hindalco declined 1.5% to Rs 42, and TCS was down over 1% at Rs 481.
VALUE & VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 250.80 crore followed by Educomp Solutions (Rs 232.50 crore), Reliance Infrastructure (Rs 188.90 crore), United Spirits (Rs 138.70 crore) and DLF (Rs 134.50 crore).
Unitech led the volume chart with trades of around 1.26 crore shares followed by Cals Refineries (93.30 lakh), Satyam (89.20 lakh), DLF (88 lakh) and Suzlon (69.75 lakh).
