Market in negative zone, Sensex down 75 pts

Sensex, which records gains of around 113 points in early trading, tumbles by 74.98 points or 0.51 per cent at 14,495.77.

The Bombay Stock Exchange benchmark Sensex surrendered early gains to close in negative zone with a fall of almost 75 points on emergence of selling at higher levels toward the fag-end.

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The Sensex, which had recorded gains of around 113 points in early trading, tumbled by 74.98 points or 0.51 per cent at 14,495.77. It touched the day's high of 14,683.36 and a low of 14,465.68.

Similarly, the wide-based National Stock Exchange's index Nifty succumbed to close lower by 30.00 points or 0.70 per cent at 4,267.05, after striking an all-time intra-session high of 4,362.95 points at the outset.

Major losers were stocks of metals, capital goods, oil and gas, auto and IT sectors.