Yesterdays gain in the markets lead most of the markets men to change their view to Bullish trend, but Bears have proved that this time they wont leave it so early. On every rise they tend to short the markets. Creating new Short positions as soon as the Nifty approached 4800 mark. After 4 months of hard sell, Nifty tanked below the 4800 levels. Markets opened in green. But within now time sinked in the red. Markets were very volatile trought out the day. Nifty in the intraday for twice tried to stabalise above the 4800 mark, but the Bears had their days. Nifty closed down 35 points at 4757. Sensex tanked 120 points to close at 15922.