Sensex ends down 50pts

The Sensex finally ended (provisional) in the red, down 50 points at 14,276.
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(Updated at 1507 hrs)

The Sensex after rebounding is now flat at 14,342, up 16 points.

Grasim has gained 4.5% at Rs 2,238.

Tata Motors and Reliance have added over 3.5% each to Rs 347 and Rs 2,024, respectively.

NTPC, BHEL, ONGC, HDFC and Reliance Infrastructure were up 1.5-2.5% each.

ICICI Bank has slipped 4% to Rs 696.

HDFC Bank and Hindalco have dropped around 3.5% each to Rs 1,486 and Rs 81, respectively.

Sterlite, ITC and Mahindra & Mahindra are down over 2.5% each at Rs 577, Rs 203 and Rs 709, respectively.

The BSE Oil & Gas index is up 2.5%. 

The BSE Bankex has shed 2% to 7,949. The Metal and the Realty indices are down around 1.5% each.

The market breadth is still negative, out of 2,577 shares traded, 1,540 have declined and 963 have advanced so far on the BSE.