After seeing 2.4% rally in the last two days, the benchmark Sensex witnessed profit booking today. The index closed over 100 points lower while the Nifty slipped below the 4900 mark. Heavyweight Reliance Industries was the main culprit behind this fall; the stock shut shop below the sub Rs 1000 level, down 3.35%.

Selling was also seen in metal, cement, capital goods, private power, realty and select technology companies' shares. However, buying in biggies like NTPC, HDFC Bank, Bharti Airtel, Infosys, HDFC and HUL capped the losses to major extent.

The 30-share BSE Sensex closed at 16,327.84, down 101.07 points or 0.62% and the 50-share NSE Nifty fell 0.53% or 26.25 points to settle at 4,887.75.

In the midcap space, JM Financial, Berger Paints, Bombay Dyeing, Apollo Hospital and Tata Chemicals went up 4.5-7.4% while Castrol, Indiabulls Real and Dish TV India fell 4.5-8%.

In the smallcap space, Abbott India, Surana Industries, Subros, Venus Remedies and Gee Kay Finance gained 6-8.6% while Thinksoft was locked at 10% lower circuit (it fell 40% in last two days). IndiaNivesh, Elpro Int, Indo Tech Transformers and Panacea Biotec were down 6-9%.