NEW DELHI: Thanks to the low-level buying, benchmark indices scripted a superb recovery throughout the day but still fell short, ending the day in the red on Wednesday. Bank and financials were under pressure while telecom and metals were in good demand.

Jitters over Chinese clampdown on tech firms and wariness over ongoing Fed meeting outcome, continue to disturb the domestic market. But, broader markets saw interest in buying across pockets like paper, steel and home textiles, noted analysts.

The 30-share pack Sensex<\/a> declined 135.05 points or 0.26 per cent to close at 52,443.71. The index rose about 640 points from its lows. Its broader peer NSE Nifty<\/a> fell 37.05 points or 0.24 per cent to 15,709.40.

“Due to a weak start to the sector earnings, pharma stocks continued to trade in bear’s grip while banking, auto and realty stocks were feeble too. Globally, the Fed’s comment on economic recovery, inflation and monetary policy may provide hints about tapering, which will determine the mood of the market in near future,\" said Vinod Nair, Head of Research at Geojit Financial Services.

Market at a glance:<\/strong>
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NEW DELHI: Thanks to the low-level buying, benchmark indices scripted a superb recovery throughout the day but still fell short, ending the day in the red on Wednesday. Bank and financials were under pressure while telecom and metals were in good demand.

Jitters over Chinese clampdown on tech firms and wariness over ongoing Fed meeting outcome, continue to disturb the domestic market. But, broader markets saw interest in buying across pockets like paper, steel and home textiles, noted analysts.

The 30-share pack Sensex<\/a> declined 135.05 points or 0.26 per cent to close at 52,443.71. The index rose about 640 points from its lows. Its broader peer NSE Nifty<\/a> fell 37.05 points or 0.24 per cent to 15,709.40.

“Due to a weak start to the sector earnings, pharma stocks continued to trade in bear’s grip while banking, auto and realty stocks were feeble too. Globally, the Fed’s comment on economic recovery, inflation and monetary policy may provide hints about tapering, which will determine the mood of the market in near future,\" said Vinod Nair, Head of Research at Geojit Financial Services.

Market at a glance:<\/strong>
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