Renewed buying interest in banking stocks helped the index recoup losses in the second half of the trading day. The Sensex finally ended with a loss of 63 points at 8,892. The index, however, was up 49 points for the week. The NSE Nifty ended down 22 points at 2,764.

The BSE Realty index shed 2.3% at 1,413. The Oil & Gas and TECk indices dropped around 1.5% each to 6,064 and 1,736, respectively. The Bankex, however, moved up 1.3% to 4,240.

The market breadth was fairly negative - out of 2,466 stocks traded, 1,320 declined and 1,043 advanced today.

Index movers...

Tata Steel [Get Quote] surged 5.6% to Rs 172. HDFC [Get Quote] rallied nearly 5% to Rs 1,269.

HDFC Bank advanced nearly 1.5% to Rs 885, and ICICI Bank [Get Quote] added 1% to Rs 328.

...And the shakers

Grasim [Get Quote] slumped 6% to Rs 1,372. Ranbaxy [Get Quote] tumbled nearly 5% to Rs 162.

Wipro [Get Quote] plunged 5% to Rs 207. Reliance Infrastructure shed 3.7% at Rs 491.

ACC, Mahindra & Mahindra and ONGC [Get Quote] dropped around 3.5% each to Rs 540, Rs 310 and Rs 691, respectively.

Sterlite slipped over 3% to Rs 245. Maruti [Get Quote] declined 2.7% to Rs 678.

Bharti Airtel [Get Quote] and Jaiprakash Associates [Get Quote] dropped 2.3% each to Rs 637 and Rs 66, respectively.

Reliance Communications [Get Quote], DLF and Reliance were down around 2% each at Rs 155, Rs 152 and Rs 1,265, respectively.

Value & volume toppers

HDFC topped the value chart with a turnover of Rs 232 crore followed by Educomp Solutions [Get Quote] (Rs 199.45 crore), ICICI Bank (Rs 179.45 crore), Reliance (Rs 176.20 crore) and United Spirits [Get Quote] (Rs 125.55 crore).

Satyam [Get Quote] led the volume chart with trades of around 1.33 crore shares followed by GVK Power (1.15 crore), United Breweries [Get Quote] (1.08 crore), Cals Refineries (85.39 lakh) and Tata Steel (73.36 lakh).