Market close: Sensex at 48,174.06 with a drop of 263.72 points

(G.N.S) Dt. 6 Mumbai The benchmark S&P BSE Sensex tanked 263.72 points or 0.54 per cent, to settle the day at 48,174 levels. In the intra-day session, the index had slumped 750 points from fresh record high of 48,616 levels to hit a low of 47,864. ITC and Reliance Industries