The markets consolidated following yesterday's significant fall from fresh 3-year highs. The Sensex started the day on a quiet note, and touched a high of 20,782 in the morning deals.
The BSE index, however, slipped into the red owing to selling pressure in metal and capital goods stocks. The Sensex touched a low of 20,623 - down 159 points from the day's high.
Thereafter, the Sensex rebounded into the positive zone, supported by steady buying in the IT shares.
However, the BSE index eventually ended the day in the negative zone at 20,684 - down 42 points.
Larsen & Toubro and ITC were the major draggers, each accounting for a loss of 17 points for the Sensex.
Hindustan Unilever, Mahindra & Mahindra and Sun Pharma collectively accounted for a loss of 35 points.
On the other hand, TCS alone contributed 40 points to the BSE index. Infosys and Wipro together added another 20 points.
The overall breadth was negative - out of 2,601 stocks traded on the BSE, 1,392 declined and 1,047 advanced today.
Click Here for the Live Market Commentary.
The BSE index, however, slipped into the red owing to selling pressure in metal and capital goods stocks. The Sensex touched a low of 20,623 - down 159 points from the day's high.
Thereafter, the Sensex rebounded into the positive zone, supported by steady buying in the IT shares.
However, the BSE index eventually ended the day in the negative zone at 20,684 - down 42 points.
Larsen & Toubro and ITC were the major draggers, each accounting for a loss of 17 points for the Sensex.
Hindustan Unilever, Mahindra & Mahindra and Sun Pharma collectively accounted for a loss of 35 points.
On the other hand, TCS alone contributed 40 points to the BSE index. Infosys and Wipro together added another 20 points.
The overall breadth was negative - out of 2,601 stocks traded on the BSE, 1,392 declined and 1,047 advanced today.
Click Here for the Live Market Commentary.
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