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Banking, auto stocks weigh on Sensex

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Our Web Bureau Mumbai
Last Updated : Jan 25 2013 | 2:25 AM IST
 The market breadth is deeply negative with 1,275 losses and 339 gains on the BSE.

SBI, on a volume of over 3.72 lakh, has shed 1.23% (Rs 9) to Rs 717. While HDFC Bank has slipped 1.69% (Rs 10) to Rs 563, ICICI Bank is down a per cent (Rs 3) at Rs 398.

Bajaj (down Rs 18 or 1.70% to Rs 1,068) has shed ground after a firm opening. While Hero Honda has dipped 1.13% (Rs 6) to Rs 535, Maruti is down 1.32% (Rs 6) at Rs 430. Tata Motors is also trading with at lower levels at Rs 449 - down Rs 4.

Dr. Reddy's has lost 2.15% (Rs 16) to Rs 731, and Cipla has declined 1.58% (Rs 4) to Rs 277. Ranbaxy is lacklustre at Rs 1,043 - down Rs 2.

ITC has edged lower by 1.15% (Rs 15) to Rs 1,318, and Reliance is down a rupee at Rs 561. Over 5.59 lakh Reliance shares have changed hands on the BSE.

Hindalco has lost 2% (Rs 29) to Rs 1,384. HDFC is trading lower by 1.41% (Rs 11) at Rs 770, while Tisco is down 1.31% (Rs 6) at Rs 425.

Infosys and ONGC, however, are trading with steady at Rs 2,189 (up Rs 8) and Rs 918 (up Rs 5), respectively.

Bharti, with a traded volume of over 2.32 lakh, is trading firm with a gain of 2.62% (Rs 5) at Rs 204.

Metal stocks, continuing from their yesterday's slide, have shed further ground in current trades. Uttam Galva has tumbled 8.77% (Rs 6) to Rs 60, and Sun Iron & Steel has slumped 6.23% to Rs 19. While Kalyani Steel has shed 5.83% (Rs 9) to Rs 151, Kirloskar Ferous has lost 5.64% (Rs 2) to Rs 32. Jindal Stainless, Lloyd Steel, Essar Steel, Mukand, Ispat Industries and Tata Sponge Iron have declined 3-5%.

Select PSU banking stocks, too, have eased. Syndicate Bank has lost 5% (Rs 3) to Rs 58. Union Bank, Dena Bank, Bank of Maharashtra, Uco Bank, Andhra Bank and Vijaya Bank are down 3% each.

  

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First Published: Mar 18 2005 | 11:44 AM IST

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