Mood remained fragile because of uncertainty over Bihar Assembly election results and disappointing quarterly earnings by blue-chips. Exit polls were due later in the day and results are slated (rpt) slated for Sunday.
The BSE Sensex after opening a shade higher quickly turned negative and finally settled the day lower 248.72 points, or 0.94 percent, at 26,304.20 after selling pressure accelerated towards the fag end -- its weakest closing since October 1. The gauge had lost 37.67 points in yesterday's choppy session.
The 50-share NSE Nifty broke below the psychological 8,000-mark by tumbling 84.75 points, or 1.05 percent, to close at 7,955.45 after shuttling between 8,031.20 and 7,944.10.

Vedanta Ltd was the biggest percentage loser as it plunged 4.66 percent while Sun Pharma dived 4.28 percent after its US-listed arm Taro Pharma reported disappointing earnings.
Tata Steel tumbled 4.33 per cent ahead of its quarterly earnings later in the day. BHEL, Bharti Airtel, GAIL, Cipla and Axis Bank too cut a sorry figure. As many as 23 Sensex stocks fell.
Coal India, NTPC, Hero MotoCorp, ITC, M&M and Maruti Suzuki scooped up gains though. According to provisional data, FPIs bought shares worth Rs 33.16 crore yesterday.
Sector-wise, BSE realty index fell the most by dropping 2.63 percent, followed by healthcare, banking, technology and IT.


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