selling continued in the markets despite gains in select stocks including bharti televentures tata power wipro and ongc at 0415 pm the markets plunged sharply at close on wednesday after staying in subdued throughout the day at close the sensex was down 10126 points at 574935 the nse nifty dropped 2810 points to close at 183795 at 0405 pm steel scrips were trading with losses sesa goa 2 ispat industries 1 and tisco 1 were among the major losers in the sector at 0400 pm selling continued in the markets despite gains in select stocks including bharti televentures tata power wipro and ongc technology stocks remained undre pressure at 0355 pm twowheeler auto major hero honda moved below the rs 500 mark trading with a loss of 581 at rs 49890 with over 706 lakh shares traded on bse so far at 0350 pm technology major wipro surged to an intraday high of rs 147380 recovering from the days low of rs 140400 on sustained buying after early weakness and subsequent recovery from the lower levels as trading progressed close to 190 lakh shares of the company were traded on bse so far at 0345 pm fmcg heavyweight hindustan lever down 295 at rs 14985 remained subdued on sustained selling pressure after reports that procter gamble may launch its multibillion global toothpaste brand crest in india at a price of rs 2125 for a 135gm pack at 0340 pm amtek auto up 551 at rs 43950 gained further ground on sustained buying interest the stock attracted buying interest after the company announced that it would consider the acquisition of the ukbased gwk group the companys board is to meet on 16 march the gwk group with subsidiaries king automotive systems and geo w king manufactures auto components and has a turnover of more than rs 900 crore 200 million at 0335 pm ongc issue oversubscribed 571 times at 0330 pm drugmaker glaxosmithkline pharmaceuticals ltd logged sales of rs 237 crore in january and february this year a rise of 139 per cent from a year earlier chairman deepak parekh told a shareholders meeting on wednesday at 0325 pm tata group international telephony major vsnl plunged to an intraday low of rs 19300 amid concerns of a price war in the international telephony segment the stock was trading with a loss of 518 at rs 19760 with over 141 lakh shares traded on bse so far at 0320 pm honda siel cars india hscil said it would wipe out its entire accumulated loss of rs 75 crore this fiscal and aims about 33 per cent growth in net profit at rs 80 crore at 0315 pm jaiprakash industries ltd has informed bse that the honble high court of judicature