After registering a remarkable growth on Wednesday, the 30-share index, BSE Sensex belled the day on a flat note today, after gaining 14 points at 15,926.13, and shortly fell into the pessimistic zone on account of negative worldwide signals.

BSE Midcap and Smallcap indices remained flat.

At 10:15 am (IST), the BSE 30-share Sensex lost 178 points at 15,735, while the NSE Nifty declined 48 points at 4,661.

Among sectoral indices, BSE FMCG index topped the losers list, followed by BSE IT and Auto index. T, the BSE Mid-Cap and the Small-cap indices are flat.

Out of 30-components of Sensex, 25 were in trading in the red terrain and 5 showed some buying interest.

Major gainers in the 30-share index were Bharti Airtel, RCom, BHEL and JP Associates.

On the other hand, Reliance Industries, ITC, L&T, Infosys and HDFC were the major losers in the Sensex.

After gaining during the last trading session, Asian markets dropped again led by consumer and banking stocks.

The MSCI Asia Pacific Index fell 0.4% to 114.93 as of 10:38 a. m. in Tokyo.

The Nikkei index in Japan dipped 1.5% at 9,697. The Hang Seng index lost 1%, whereas Shanghai Se Composite in China remained flat.

Kospi index slippes 1.3% to trade at 1,558 and the S&P/ASX 200 index in Australia was down by 0.7% at 4,511.

While commenting on the stock market trends for the day, leading brokerage house Anagram stated, "While the markets recovered on Wednesday, they are likely to settle in a new found range, with strong resistance for Nifty in the 4,820-4,850 region and support at 4,538."

"The severity of the fall indicates that even if the consolidation happens within this range, the path of least resistance is down. We continue with our bearish stance on the markets and would recommend further lightening of commitments in any short term spikes on the higher side." it added.