Volatile Sensex falls 250 pts

The market is nervous that investors will roll over fewer positions in futures contracts to the next month, which would further dent sentiment in an already volatile market.

After falling 1,700 points in the previous three sessions, the Sensex had recovered by 341 points on Tuesday.

8216;8216;The fall is mainly due to repatriation of foreign funds who are booking profits and moving on,8217;8217; said Sean Darby, a senior analyst with Nomura International Hong Kong, a Hong Kong-based fund.