BSE Sensex slipped 132 points to close at 18,180, while, NSE Nifty lost 49 points to close at 5,456.

The Indian market ended in red for the second straight trading session on Wednesday, with the BSE Sensex falling below 18,200 and the NSE Nifty dropping under 5,500. Weak global cues coupled with selling in index heavyweights such as Unitech, DLF, Tata Steel, Hindalco and Cipla dragged the Nifty down, negating a promising recovery in afternoon trade.

The Sensex slipped 132 points to close at 18,180. The index hit an intra-day high of 18,312 and an intra-day low of 18,156. The Nifty lost 49 points to close at 5,456 after touching a high of 5,506 and a low of 5,452.