It opened today on strong note today and the Nifty breached the psychological level of 6,000 reacting to 25 bps cut by US Fed. But have failed to sustain at the higher levels. Sensex was 500 points down from the day''s high and Nifty was down 150 points.

GSM operators in the telecom were the worst hit in today’s red on news of spectrum allocation to be made more stringent. Auto, FMCG and pharma stocks also dragged the markets.

Broader markets underperformed the benchmark indices and and ended in red. This gave markets weak breadth.

Top losers on the indices were Relaince, HUL, ITC, Bharti Airtel, MTNL, VSNL Nalco, HCL Tech .