Market shows remarkable recovery: Sensex ends down 2%

Sensex ended down over 300 points, recoverig 1400 points from the day''s low.

IT stocks were the star performers and following the suit were power and capital goods that led the recovery.

Recovery was led by TCS, Reliance, Bharti Airtel, Hindalco, SAIL, Siemens, ABB, Satyam, Relaince and Infosys. Power stocks like Power Grid, PTC, Neyveli Lignite ended in green.

Top losers on the indices are ICICI Bank, HDFC, ACC, SBI, Reliance Energy.

Sensex was down 336.04 points or 1.76% at 18715.82, and the Nifty down 108.75 points or 1.92% at 5559.30.

About 1099 shares have advanced, 1885 shares declined, and 65 shares are unchanged.