Sensex finishes 117 points behind

The Sensex, which had opened firm, kept on declining as the day progressed. Adamant investors refused to desist from selling. But the final loss was surprisingly much short of the showdown expected at one point of time. Value-buying at the lower levels pulled the Sensex out of the woods, albeit partially, in the late-afternoon session.

The 30-share BSE Sensex settled 117.34 points (0.92%) lower, at 12,579.75.The S&P CNX Nifty slipped 28.80 points (0.79%), to finish at 3,626.85.Gujarat Ambuja Cements (GACL) plunged 8.52% to Rs 104.10, on a volume of 32.74 lakh shares.Reliance Industries (RIL), was down 0.57% to Rs 1292.