After opening with a loss of 112.08 points at 14,338.27, BSE Sensex seemed to be on a recovery note.

IT, auto and banking stocks remained major gainers, while realty, oil & gas saw heavy selling action.

The 30-share index, BSE Sensex opened with a loss of 112.08 points at 14,338.27 on Tuesday.

At 12.58 p.m., the 30-share index Sensex stood at 14,417.14, down 17.37 points, after touching a high of 14,440.06 and a low of 14,286.38. In the meantime, the broad based Nifty lost 17.4 points at 4,317.95.

Overall market breadth was negative as it witnessed 931 progressions as against 1,450 declinations.  

The major movers in the 30-share index included HDFC Bank, which climbed 3.54% to Rs 1,250; Satyam & Maruti gained more than 2% each to Rs 403.70 and Rs 640.85 respectively.

The gainers’ list also included Wipro, TCS, BHEL, NTPC and ITC.

In contrast, Jaiprakash Associates, RIL and M&M lost more than 2% each to Rs 155.40, Rs 2,171.30 and Rs 552.05 respectively.

Tata Steel, Tata Motors, DLF, RCom, Bharti Airtel and ONGC were among the other losers at the BSE Sensex.