Of the 50 stocks that comprise of Nifty, BPCL gained the maximum with 4.38%. This was followed by Reliance Power (+2.02%) and Reliance Capital (2.01%).
Among the losers DLF fell the most as it slipped by 8.77%. Then Jindal Steel fell by 6.92%. Hindalco was also falling fast by 5.59%.
There were 17 stocks that went up compared to 33 stocks on the downside among the 50 stocks that make the index, Nifty,
On the sectoral front, BSE Auto fell the least with losses of 0.39%. The two sectors that fell the most were Realty and Metal, as they declined by 4.59% and 4.0% respectively.
The broader index on BSE Mid-cap and BSE Small-cap fell by 1.90% abd 1.48% respectively.
From the metal space, SAIL, Tata Steel, Sterlite Industries, Hindalco and JPSL crashed 4-6%.
However, PSU oil & gas, telecom and Anil Dhirubhai Ambani Group's stocks bucked the trend.
Oil marketing companies like BPCL, HPCL and IOC rallied 2.5-5%. ONGC, TCS, Bharti Airtel, M&M and Hero Motocorp were up 0.6-0.9%.
Total traded turnover on both exchanges was nearly Rs 92,000 crore.
Stock markets range bound. Sensex at 16,184
With the European market which open and started falling, the NSE Nifty followed the same negative sentiment. It was trading at 4,860.45 level with loss of 82.80 points or a fall of 1.68%. In the meantime, Sensex was trading at a loss of 270 points or 1.64% at 16,184.
About the time, France's CAC, Germany's DAX and Britain's FTSE were down 2-3% on renewed fears of Greece default. In the meantime, Asian peers closed with a fell of 2-4%.
ADAG stocks have recieved buying interests from investors - Reliance Communications, Reliance Capital, Reliance Infrastructure and Reliance Power gained 1-2% on short covering.
BPCL turned top gainer, rising 3.5% post fall in crude oil prices. Nymex Crude was trading at USD 77.70 a barrel, down 1.89%. But Brent crude was at 101.79 down by 0.97%.
However, DLF and Jindal Steel were the biggest losers on the Nifty, falling 5.3% each. Meanwhile, Tata Steel and Wipro crashed more than 4%.
Heavyweights Reliance Industries, ICICI Bank, SBI, Infosys, HDFC Bank and L&T plunged 2-3.7%. ITC, NTPC, HDFC, HUL and BHEL were down 1.5-2%.
Markets continue to be under selling pressure. Nifty down 2.09%.
BSE Sensex has been under intensive selling pressure. Its day high was also approximately 250 points below the previous closing level. Its trading at down by 344 points at 16,109; a little more pressure can send it below the psychological mark of 16k. Meanwhile, NSE was at 4,839.80 level, down by 103.45, registering a fall of 2.09%. Other Asian peers too were down by 2-4%.
There was major selling in financial, metal, capital goods, power, realty, FMCG and select technology stocks sent the markets down.
Anil Dhirubhai Ambani Group (ADAG) shares went up after Anil Ambani's name was cleared by the CBI.
The best performing stock on the Nifty was BPCL with gains of 1.42% followed by Reliance Capital by 1.38%. Meanwhile, the worst performing stock was DLF, the real estate giant, as it fell by 5.71%. This was fallowed by Jindal Steel as there were reports of CBI raid on the company's premisis in connection with illegal mining.
In all among the 50 stocks that make the Nifty, 9 advanced while 41 declined.
In the banking index on NSE made up of 12 stocks, only Oriental Bank had increased while 11 declined.
Sensex down 300 points on negative global cues
The Indian equity benchmark fell sharply as there was a sell-off across the globe. Bombay Stock Exchange benchmark was trading at 16,140.69 levels with a fall of 313 points or 1.90%. Meanwhile, the National Stock Exchange benchmark Nifty was down by 103.05 points or 2.08% at 4,840.
The fall is across the board as all the sectoral indices are in the negative side. BSE Auto index on the BSE saw the least fall with 0.21%. Meanwhile BSE Metal saw the maximum fall of 3.10%. This was followed by Realty, Bankex and Consumer Durables as it had fallen between 2.07% to 2.55%.
As commodities fell last week, stocks related to it also slipped like Hindalco, Tata Steel, Sesa Goa, and Reliance Industries.
Stocks that are dependant on interest rates also fell DLF, Kotak Mahindra Bank, ICICI Bank, Axis Bank, PNB and SBI.
BHEL fell 2.5% to Rs 320 post ex-split (from Rs 10 to Rs 2). Technology companies were down on concerns of European markets.
Reliance Communications, Reliance Capital, Reliance Infrastructure and Reliance Power, part of the ADAG, were up as the central investigative agency, CBI, said that there are no direct links between Anil Ambani and establishing of Swan telecoms.
Maruti Suzuki went up by 1% after the September sales numbers and the news that the stike is over at its Manesar plants.