Sensex retreats, closes 158 points lower

PERSPECTIVE: Will markets see another bloodbath?

The 30-scrip sensitive index (Sensex) of the BSE, whichopened at 16,210.37 points, closed at 16008.34 points), 158 points or 1 per centlower.

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The Sensex had touched an intra-day low of 15,952.54 points.The benchmark had closed Monday 471 points higher.

The 50-scrip S&P CNX Nifty of the National Stock Exchangealso ended lower at 4805.10 points, down 46 points from its previous close.