The 30-share BSE Index , which had gained 337.76 points in the previous day, declined by 116.95 points at 19,417.15 points.
National Stock Exchange index Nifty declined by 32.15 points to 5,831.10 level.
Infosys Technologies today reported 14.17 per cent growth in its consolidated net profit at Rs 1,780 crore for the third quarter ended December 31, 2010.
The company share was trading at Rs 3257.65, which was down by over three per cent since its closing price yesterday.
Meanwhile, in other markets in Asia, Japan's Nikkei was 0.56 per cent up while Hong Kong's Hang Seng index rose by 0.71 per cent in the morning trade today.
In the US, Dow Jones Industrial Average ended 0.72 per cent higher in the yesterday's trade.
Nifty Turn Choppy : ACC, Ambuja Cement , Jaiprakash Associates, Reliance Communications and Tata Motors top Nifty gainers
Bombay Stock Exchange’s Sensex was at 19415.09, down 119.01 points or 0.61 per cent. The 30-share index touched a high of 19511.27 and low of 19415.09 in trade so far.
BSE Midcap Index was up 0.33 per cent and BSE Smallcap Index moved 0.46 per cent higher.
Amongst the sectoral indices, BSE IT Index was down 2.23 per cent, BSE Bankex slipped 0.65 per cent and BSE Oil&gas Index moved 0.37 per cent lower. BSE Capital Goods Index was up 0.64 per cent.
ACC (2.19%), Ambuja Cement (2.06%), Jaiprakash Associates (1.66%), Reliance Communications (1.66%) and Tata Motors (1.32%) were amongst the top Nifty gainers.
Infosys Technologies (-3.94%), HCL Technologies (-1.85%), Hero Honda (-1.84%), Dr Reddy’s Laboratories (-1.76%) and SBI (-1.35%) were amongst the losers.
Market breadth was positive on the NSE with 1052 advances against 680 declines.
Meanwhile, other Asian peers were in the positive territory. Nikkei 225 was up 0.66 per cent, Hang Seng gained 0.64 per cent and Seoul Composite moved up 014 per cent.
Sensex Rangebound : Tech, Bank, Farma Down
At 11:15 am; Bombay Stock Exchange’s Sensex was at 19437.82, down 96.28 points or 0.49 per cent. The 30-share index touched a high of 19511.27 and low of 19352.24 in trade so far.
National Stock Exchange’s Nifty was at 5823, down 40.25 points or 0.69 per cent. The broader index touched a high of 5857.35 and low of 5809.50 intraday.
BSE Midcap Index was up 0.44 per cent and BSE Smallcap Index moved 0.70 per cent higher.
BSE IT Index was down 1.94 per cent, BSE Bankex slipped 1.07 per cent and BSE Healthcare Index moved 0.29 per cent lower. BSE Capital Goods Index was up 0.44 per cent.
Infosys Technologies (-3.93%), ICICI Bank (-2.05%), HDFC Bank (-2%), Jindal Steel (-1.50%) and SBI (-1.45%) were amongst the losers.
Reliance Communications (2.31%), Reliance Infrastructure (1.49%), Tata Motors (1.48%), Jaiprakash Associates (1.45%) and Bajaj Auto (1.27%) were amongst the top losers.
Market breadth was positive on the BSE with 1429 advances against 1001 declines.
Nifty Below 5800
At 1 pm; National Stock Exchange’s Nifty was at 5791.45, down 71.80 points or 1.22 per cent. The broader index touched a high of 5857.35 and low of 5788.55 intraday.
Bombay Stock Exchange’s Sensex was at 19306.15, down 227.95 points or 1.17 per cent. The 30-share index touched a high of 19511.27 and low of 19304.94 in trade so far.
BSE Midcap Index was down 0.13 per cent and BSE Smallcap Index moved 0.43 per cent higher.
Amongst the sectoral indices, BSE IT Index was down 2.51per cent, BSE Bankex fell 2.32 per cent and BSE Metal Index moved 0.85 per cent lower. BSE Capital Goods Index was down 0.08 per cent.
Infosys Technologies (-4.41%), SBI (-2.73%), PNB (-2.72%), SAIL (-2.60%) and ICICI Bank (-2.57%) were amongst the losers.
Ambuja Cement (2.88%), Tata Motors (1.31%), Reliance Communications (1.26%), ACC (1.23%), and ONGC (0.79%) were amongst the top gainers.
Market breadth turned negative on the NSE with 1341 declines against 1295 declines.
At 2:30 pm; Bombay Stock Exchange’s Sensex was at 19216.16, down 317.94 points or 1.63 per cent. The 30-share index touched a high of 19522.38 and low of 19165.84 in trade so far.
National Stock Exchange’s Nifty was at 5766.90, down 96.35 points or 1.64 per cent. The broader index touched a high of 5857.35 and low of 5744.35 intraday.
BSE Midcap Index was down 0.69 per cent and BSE Smallcap Index moved 0.32 per cent lower.
Amongst the sectoral indices, BSE Bankex fell 3.33 per cent, BSE IT Index was down 2.79 per cent and BSE Healthcare Index moved 1.17 per cent lower. BSE Realty Index was down 0.04 per cent.
ICICI Bank (-4.31%), Infosys Technologies (-4.27%), SBI (-3.22%), HDFC Bank (-2.90%) and Mahindra & Mahindra (-1.87%) were amongst the losers.
ONGC (0.77%), DLF (0.76%), Tata Motors (0.54%), Sterlite Industries (0.38%), and Bajaj Auto (0.33%) were amongst the top gainers.
Market breadth was negative on the BSE with 1697 declines against 1104 advances.
Meanwhile, the European markets were also witnessing a lackluster session. FTSE 100 was down 0.41 per cent, CAC 40 was up 0.10 per cent and DAX moved 0.01 per cent higher.
Sensex Close 351 points lower :
National Stock Exchange’s Nifty ended at 5751.90, down 111.35 points or 1.90 per cent. The broader index touched a high of 5857.75 and low of 5736.70 intraday.
Bombay Stock Exchange’s Sensex closed at 19182.82, down 351.28 points or 1.80 per cent. The 30-share index touched a high of 19522.38 and low of 19136.27 in today’s trade.