Sensex, Nifty erase early gains; DLF tanks 19%, RIL gains

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The Sensex fell 45.99 points to 26338.08 and the Nifty declined 19.05 points to 7865.20 weighed down by technology, metals, private banking and financials stocks.

DLF tanked 19 percent after market regulator SEBI barred company and its six executives from accessing capital markets for 3 years.

Shares of TCS, ITC, Infosys, Tata Motors, ONGC and HDFC declined 0.3-1 percent. Metals stocks like Tata Steel, Hindalco Industries and Sesa Sterlite fell 1-1.6 percent.

The Indian rupee gained in the opening trade. It rose 15 paise to 60.93 per dollar versus previous day's closing value of 61.08 a dollar.

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