The 30-share BSE Sensex closed at 20,498.72, with loss of 62.33 points and the 50-share NSE Nifty fell 11.25 points to settle at 6,146.35. Even the Nifty January futures' premium trimmed to 12 points from earlier 20-25 points.
Suzlon Energy, HUL, Reliance, Reliance Infra, who among the top gainers, were at 2.68 percent, 2.47 percent, 2.04 percent, 2.01 percent up respectively.
ICICI Bank, Bajaj Auto, SBI, Reliance Comm, who among the top losers, were at 3.56 percent, 3.16 percent, 3.07 percent, 2.66 percent down respectively.
Sensex dips around 100 points
The Sensex dipped around 100 points, However, benchmarks was supported from FMCG, power and select technology companies' shares along with Cairn, Reliance Industries, JSPL, Sterlite Industries, Sun Pharma and Dr Reddy's Labs.
At 12:25 am, the 30-share BSE Sensex was trading at 20517.76 down 43.29 points and the 50-share NSE Nifty rwas trading at 6148.20 down 9.40 level.
Nifty begins on +Ve note amid volatility; banks dip
Following the gaining in Metal, FMCG, technology and select power companies' shares, NSE Nifty began the session on Tuesday, Jan 4 on a positive note amid volatility.
At 10: 03 am, the 30-share BSE Sensex was trading at 20,633, up 72 points and the 50-share NSE Nifty rose 18 points to 6,176. The Nifty Jan 2011 futures were trading at 21 points premium.
Suzlon Energy, Reliance Infrastructure, Jaiprakash Associates, NTPC, HDFC, IDFC, Kotak Mahindra Bank, Ambuja Cements, Sterlite Industries, Tata Steel, HUL, TCS, Bharti Airtel, Reliance, who among the frontliners, wer on buyers' radar.
However, Hero Honda, M&M, ICICI Bank and Bajaj Auto were witnessing selling pressure.