Sensex falls for 2nd day, down 80 points

Erasing its initial gains, the benchmark Sensex on Wednesday once again succumbed to profit-taking and fell by nearly 80 points to end at over one-week low level on selling in consumer durables, banking and metal counters. After reclaiming the 21,000 mark in opening trades, the bluechip index hit an intra-day high of 21,004.54 but failed to sustain the momentum as investors started booking profits.

On Sunday, the Sensex hit record intra-day high of 21,321.53 and ended at all-time closing high of 21,239.36.