Partial recovery! Sensex ends 166pts down; ITC slips 3%, PowerGrid gains 4%

Reliance, Bharti Airtel and financial shares were the other major losers; Data Patterns IPO gets 2.5 times subscripton as of 03:15 PM on day 1 of the offer

Closing Bell

The key benchmark indices start trade on a negative note, and thereafer made multiple attempts to recover on the back of fresh buying interest in IT and select banking stocks.

The BSE Sensex after touching a low of 57,804, rebounded into the positive for brief while and registered the day's high at 58,322. The Sensex finally ended 166 points lower at 58,117. It's counterpart NSE Nifty declined 43 points to 17,325.

The broader indices finished on a mixed note. The BSE Midcap index declined 0.4 per cent, While the smallcap index ended almost flat. The