The Sensex opened with a huge negative gap of 456 points at 15,116 due to weak global cues.

Rising oil prices and inflation worries pushed the index into a negative zone to touch a day's low of 14,846 - down 726 points from its previous close.

Realty, IT, capital goods and oil & gas stocks suffered the most today. The index recovered partially and touch a day's high of 15,203.

The Sensex finally ended with a loss of 506 points at 15,066.

The market breadth was extremely negative - out of 2,693 stocks traded, 2,170 declined and 474 advanced and 49 were unchanged.

The NSE Nifty ended with a loss of 127 points at 4,501.

Index Shakers . . .

Jaiprakash Associates [Get Quote] tumbled 8.6% to Rs 184. DLF plunged 7.4% at Rs 481. ONGC [Get Quote] slipped over 7% to Rs 873.

HDFC [Get Quote] declined 6% at Rs 2,207, while Reliance Infrastructure slipped 5.6% to Rs 1,038.

Wipro [Get Quote] dipped 4.8% to Rs 480. TCS [Get Quote] and Infosys [Get Quote] shed around 4.5 each at Rs 915 and Rs 1,904, respectively.

HDFC Bank and Tata Motors [Get Quote] were down 4.3% each to Rs 1,184 and Rs 517, respectively.

Ambuja Cements lost 4.1% to Rs 82. Satyam [Get Quote] and Reliance declined 3.4% each at Rs 491 and Rs 2,163, respectively.

BHEL was down 3.3% at Rs 1,374, and SBI [Get Quote] slipped 3.2% to Rs 1,293.

Larsen & Toubro and ITC lost nearly 3% to Rs 2,602 and Rs 207, respectively.

ICICI Bank [Get Quote] and Bharti Airtel [Get Quote] were down 2.7% each at Rs 750 and Rs 781, respectively.

ACC, Maruti [Get Quote] and NTPC were the other major losers.

. . .And The Movers

Ranbaxy [Get Quote] gained 3.9% at Rs 526. Reliance Communications [Get Quote] advanced 1.3% to Rs 554.

Hindalco [Get Quote] was up 0.2% to Rs 176.

Most Active Counters

Reliance led the value chart with a turnover of Rs 372.06 crore followed by Reliance Petroleum [Get Quote] (Rs 252.55 crore), Cairn India [Get Quote] (Rs 222.75 crore), Reliance Communications (Rs 214.36 crore) and Reliance Capital [Get Quote] (Rs 211.24 crore).

IFCI topped the volume chart with trades of around 1.93 crore shares followed by Reliance Petroleum (1.52 crore), Reliance Natural Resources [Get Quote] (1.14 crore), Ispat Industries [Get Quote] (1.05 crore) and Cairn India (74 lakh).