<p>The Sensex, which rose to 17,188.55 at opening, fell by 57.60 points to 17,025.09 as stocks of refinery and capital goods segment suffered fresh losses.<br /><br />The broad-based National Stock Exchange index Nifty fell 14.05 points to 5,118.25, after climbing an intra-day high of 5,160.20.<br /><br />A firm trend in the Asian region and higher openings in Europe failed to lift the market sentiment.<br /><br />Brokers said the market took a dip as RIL, which has the heaviest weight on the Sensex, dropped on profit-booking.<br /><br />Besides, they added, that reports of CLSA - a brokerage and investment group - downgrading RIL to "outperform" from "buy" hit market sentiment.<br /><br />Moreover, the stock which gained 2.4 per cent on Friday, dropped 3.88 per cent as the market judged RIL's second quarter earnings - announced on Saturday - to be below expectations. IT major Tata Consultancy Services fell 1.30 per cent, ahead of its financial results this evening.<br /><br />Larsen and Toubro also fell 1.98 per cent.State Bank of India and automakers Tata Motors and Maruti Suzuki bucked the trend and saved the market from a big fall.<br /><br />The oil and gas sector index suffered the most - down 2.29 per cent to 8,656.95, followed by capital goods (1.37 pc) at 10,891.46. Power index lost 1.18 per cent at 2,142.98 and IT, 0.50 per cent to 5,670.47.<br /><br />However, auto, consumer durables, banking, realty and FMCG sector indices gained</p>
<p>The Sensex, which rose to 17,188.55 at opening, fell by 57.60 points to 17,025.09 as stocks of refinery and capital goods segment suffered fresh losses.<br /><br />The broad-based National Stock Exchange index Nifty fell 14.05 points to 5,118.25, after climbing an intra-day high of 5,160.20.<br /><br />A firm trend in the Asian region and higher openings in Europe failed to lift the market sentiment.<br /><br />Brokers said the market took a dip as RIL, which has the heaviest weight on the Sensex, dropped on profit-booking.<br /><br />Besides, they added, that reports of CLSA - a brokerage and investment group - downgrading RIL to "outperform" from "buy" hit market sentiment.<br /><br />Moreover, the stock which gained 2.4 per cent on Friday, dropped 3.88 per cent as the market judged RIL's second quarter earnings - announced on Saturday - to be below expectations. IT major Tata Consultancy Services fell 1.30 per cent, ahead of its financial results this evening.<br /><br />Larsen and Toubro also fell 1.98 per cent.State Bank of India and automakers Tata Motors and Maruti Suzuki bucked the trend and saved the market from a big fall.<br /><br />The oil and gas sector index suffered the most - down 2.29 per cent to 8,656.95, followed by capital goods (1.37 pc) at 10,891.46. Power index lost 1.18 per cent at 2,142.98 and IT, 0.50 per cent to 5,670.47.<br /><br />However, auto, consumer durables, banking, realty and FMCG sector indices gained</p>