Sentiments remained upbeat for yet another session following healthy gains across Asian and a higher opening at European markets
Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
After a volatile session, Sensex closed the day 563 points lower
Most Asian markets ended with gains.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.