The market breadth was in favour of declines; 451 shares advanced while 814 shares declined. Profit booking was seen in oil & gas, power, capital goods and banking stocks along with SAIL and DLF.
The Sensex tumbled 211 points, to 14,629 and the Nifty lost 71 points, to 4,459, at 13:04 hours IST. The broader indices like BSE Midcap and Smallcap indices fell 1% each.
On the sectoral front, BSE Bank, Power, Realty and Oil & Gas indices fell 2-2.9%.
Ranbaxy Labs, Reliance Infrastructure, Jaiprakash Associates, NTPC, HDFC Bank, Suzlon Energy, PNB and Axis Bank were top losers, went down 3-7%.
Essar Oil, Satyam (jumped over 11%), Unitech, DLF, HDIL, ICICI Bank and Reliance Industries were most active shares on the bourses.
The market breadth was in favour of declines
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