Equity benchmarks stalled the follow-up rally by erasing more than 190 points on Sensex on the back of profit booking in major sectors like infrastructure, financial, telecom and oil & gas. The sell-off as well as consolidation was imminent because the Sensex rallied more than 650 points from Wednesday till today's spike up in initial trade.
However, Infosys maintained its uptrend ahead of results for the quarter ended September 2010; jumped 1% followed by Wipro with 1.5% rise. Sesa Goa, Tata Steel and Tata Motors were other gainers
The 50-share NSE Nifty closed at 6177, down 56 points and the 30-share BSE Sensex was at 20497, down 190 points.
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