Investors booked partial profits after a sharp run-up in indices in the last five sessions and ahead of inflation figures for the week ended July 12, 2008. Weak European market also weighed sentiments.
Bombay Stock Exchange’s Sensex closed at 14,754.39, down 188 points or 1.26 per cent. The 30-share index touched a high of 15,130.09 and a low of 14,608.05.
National Stock Exchange’s Nifty ended at 4,427.60, down 49.20 points or 1.10 per cent. It touched a high of 4,539.45 and low of 4,385.85.
Second rung stocks were under less pressure as BSE Midcap Index closed 0.74 per cent lower at 5,574.29 and BSE Smallcap Index ended 0.27 per cent lower at 6,794.37.
Sensex losers comprised Tata Consultancy Services (5.66%), Tata Steel (5.66%), Reliance Communications (5.06%), State Bank of India (4.46%), ACC (4.25%) and BHEL (2.88%).
ONGC (3.32%), DLF (2.41%), Reliance Industries (1.79%), HDFC Bank (1.6%), Maruti Suzuki (1.48%) and Cipla (0.86%) were amongst the gainers.
Market breadth on BSE showed 1267 advances and 1453 declines.
