The 30-share index, BSE Sensex fell further into the pessimistic zone on the back of continued buying activity witnessed in IT, Metal, FMCG and Banking sectors, where Realty, Auto and Oil & Gas climbed up.

It also touched an intraday low of 14,728.02. BSE Midcap fell 0.43%, while Smallcap surged 0.23%.

At 1:05 p.m., Sensex lost 152.99 points at 14,789.29, whereas the broad-based NSE Nifty stood at 4,444.75, down 32.05 points.

The market breadth was negative as it saw 1225 declinations as compared to 1225 advancements.

All sectoral indices were trading negatively except Realty, Auto and Oil & Gas.

The major gainers in the 30-share index included DLF, Maruti and Reliance Infra, which gained more than 3% each.

The other gainers included RIL, Tata Motors, Ambuja Cement and ACC.

Laggards at the BSE Sensex include TCS, plunging 6.59%, Tata Steel dropping 6.03% and Infosys falling 4.54%. Reliance Com, SBI, Satyam, BHEL, NTPC, Cipla and ITC also declined.