The BSE Sensex looks to be tempted to touch the 14,000 mark shortly, after witnessing a big loss of 506 points on Monday’s closure.

As compared to Friday’s closing at 15,572.18 points, the market has dropped around 825 points to touch the low of 14,745.71 in today’s session.

After opening on a negative note today, following global market jitters, continued to fall freely and has lost around 320 points to touch the day’s low.

BSE Midcap and smallcap lost 1.10% and 0.86% each.

At present (1:10 p.m.), the BSE Sensex lost 296.83 points at 14,769.72, while NSE Nifty slipped 97.65 points at 4,403.30.

Out of the total 2,513 stocks traded, 856 progressed, 1591 rejected, while 66 remained unchanged.

Among the sectoral indices, BSE IT slipped 4.04% followed by FMCG, Realty, Banking, Power and Metal.

The top gainers’ at the BSE Sensex were Ranbaxy, which gained more than 4.65%, Cipla arose 2.11%, BHEL ascended 1.33%. RIL, Maruti, Ambuja Cement and HUL also moved up.

Losers at the BSE Sensex included ONGC which declined more than 5.70%, followed by HDFC Bank which declined 4.99%%, HDFC declined 4.97%. Infosys, TCS, Satyam and ICICI Bank were among the other losers.