The market fell half a percent on profit booking on Tuesday after a 3 percent rally in previous three consecutive sessions.
The 50-share NSE benchmark Nifty fell 31.05 points to 6,332.85 after hitting an intraday low of 6,307.55.
The 30-share BSE Sensex closed at 21,255.26, down 71.16 points. The broader markets, too, declined.
The BSE Midcap was down 0.3 percent and Smallcap lost 0.7 percent. Declining shares outnumbered advancing ones by a ratio of 1446 to 978 on the BSE.
The biggest loser was NTPC that crashed 11 percent as analysts feel CERC norms on multi-year power tariffs may hurt the company's earnings by as much as 10 percent. Tata Power and Power Grid fell 1.5-3 percent.
Market remain looking volatile and it will be trade same as last three session which is, it will open up side and drop from top level.
11/12/13 Tomorrow Stock Tips for Intraday Trade in NSE Stocks-
Sell- Jindal Steel below 266.0 with TGT- 264/262/260.0 SL- 272.0
Buy- Larsen & Toubro above 1105.0 with TGT- 1110/1115/1120.0 SL- 1090.0
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