Market at day's low, Sensex slides 285 pts

The key equity indices traded with modest losses and hit a fresh intraday low in early afternoon trade. The Nifty traded below the 17,700 level after hitting the day's high of 17,772.35 in early trade. Barring the Nifty metal index, all the sectoral indices on the NSE were in the red. Trading was volatile due to expiry of weekly index options on the NSE.