A breif recovery some time back saw the Sensex touch a high of 16,649. The index is now down 115 points at 16,605.

The NSE Nifty is down 34 points at 4,936.

Also Read   Related Stories News Now - Markets off day's low - Sensex slip into red in opening trades - F&O OUTLOOK: Nifty may remain below 5,000 pts - Nifty may remain below 5,000 pts - Sensex closes in the red on profit-booking - Sensex ends down 170 points

Also Read   Related Stories News Now - Markets end on a strong note - Nabard FY14 operating surplus soars 28% to Rs 1,635 cr - RBI eases banks' term deposit restrictions - NMDC Q4 net down 21.74% to Rs 1,642.28 cr - Balrampur Chini Q4 profit up by 15% More

Tata Steel, DLF and Sterlite have dropped over 2% each to Rs 509, Rs 414 and Rs 752, respectively.

Hero Honda, Mahindra & Mahindra and Maruti are down nearly 2% each.

Bharti Airtel, HDFC and NTPC have advanced 2% each to Rs 422, Rs 2,705 and Rs 212, respectively.

HDFC Bank has gained 1.5% at Rs 1,593, and Hindustan Unilever is up 1% at Rs 261.

The market breadth continues to remain negative - out of 2,629 stocks traded, 1,442 have declined and 1,105 have advanced.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end on a strong note - Nabard FY14 operating surplus soars 28% to Rs 1,635 cr - RBI eases banks' term deposit restrictions - NMDC Q4 net down 21.74% to Rs 1,642.28 cr - Balrampur Chini Q4 profit up by 15%

Tags : stock markets | sensex | nifty | hindalco | infosys | |   Read Business news in  Advertisements -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Journey on, We are by Your Side. Click here to know more -  Help a Child Achieve her. Click to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More