Sensex down 189 points

The Sensex opened flat at 17,336 this morning and soon drifted into the red as investor booked profit after Monday’s 560 point rally.  It kept on falling deeper owing to weakness in the metal and the realty stocks.

Even as Sensex attempted a partial recovery backed by HDFC Bank and L&T, but owing to negative opening on the European bourses and uncertainty whether the relief package would be able to bail out Greece from its crisis acted as a negative indicators.

Finally, Sensex closed at 17,141.53, which is a drop of 189.02 points or 1.09 per cent. 
S&P CNX Nifty at NSE declined by 57.45 points to settle at 5,136.15 points in the closing.