Sensex ends down 497pts at 12,558

The Sensex opened with a negative gap of 156 points at 12,900 on the back of negative cues from the global market. The index tried to recover but could only manage to touch a high of 13,001.

Relentless selling in metal and oil & gas stocks saw the index slide as the day progressed. Banking, capital goods and technology stocks were also very weak today. The index tumbled to a low of 12,473 at the fag end of the day.

The Sensex finally settled with a huge loss of 497 points at 12,558.