The markets closed in red amid volatile trades. It was a disappointing day as the markets couldn't sustain at the higher levels. The BSE oil & gas index outperformed the other sectoral indices. Most of the energy stocks are providing support at the lower levels. The BSE midcap and small cap indices are also witnessing good buying interest. On the global front, Asian market ended mixed and European markets trading lower.

Bank, FMCG, realty stocks were witnessing selling pressure.

Top gainers on the bourses were Reliance Energy, TCS, Reliance Industries, Cairn India and Reliance Petroleum while losers - Bharti Airtel, Ranbaxy, HDFC Bank and Suzlon Energy.

Reliance group stocks are trading with strong buying support and are the most active counters on the bourses.

The BSE Midcap Index ended at 6,478.96 up 0.12%.

The BSE Smallcap Index ended at 8,031.06 up 1%.

The BSE Bankex ended at 7,951.60 down 3%. Bank of India, Andhra Bank, Kotak Mahindra, Oriental Bank, Allahabad Bank moved downwards.

The BSE Capital Goods Index closed up 0.2% at 12,899.13. L&T, Astra Microwave, BEML, Crompton Greave, Thermax, Greaves Cotton, Areva T&D closed higher.

The BSE Auto Index closed at 4,403.12 down 0.3%. Escorts, TVS Motor, Amtek Auto, Cummins, Punj Tractors, MRF closed lower.

The BSE Metal Index closed at 13,854.95 up 0.6%. Hind Zinc, Sterlite, NALCO, Shree Precoated, Mah Seamless, Jindal Steel, Jindal Saw, JindalStainless closed higher.

The BSE FMCG Index closed down 0.5% at 2,349.74. Colgate, ITC, Bata India, Godrej Consumer, HUL, GlaxoSmith Con closed lower.

BSE Oil and Gas Index closed at 10,726.74 up 1.5%. GAIL, Reliance Natura, HPCL, RPL,ONGC, Reliance, ONGC ended in green.
 
BSE power index closed at 3,100.03 up 0.6%. Torrent Power, NTPC, Reliance Energy, Tata Power, Power Grid Corp, Crompton Greave ended in green.

The BSE IT Index was down 0.7% at 3,676.63. I-Flex Solution, Patni Computer, Financial Tech, Mphasis, Tech Mahindra, TCS, Infosys closed lower.

The NSE cash turnover was at Rs 12527.32 crore and the NSE F&O turnover was at Rs 33689.6 crore. The BSE cash turnover was Rs 5507.18 crore. Total market wide turnover was at Rs 51724.1 crore.

Asian markets were trading lower. Japan's Nikkei fell 1.12% or 146.20 points at 12,965.69. Hong Kong's Hang Seng was down 0.10% or 23.53 points at 23,961.04. Singapore's Straits Times declined 0.62% or 19.02 points at 3,070.70. South Korea's Seoul Composite was flat at 1,753.58. However ,Taiwan's Taiwan Weighted gained 1.39% or 120.55 points at 8,788.48.