| The stock market saw a routine bout of profit booking on Tuesday, but the overall sentiment remains bullish on expectations that corporate India's Jan-Mar results will be robust, dealers said. |
| Frontline technology shares fell 2-5 per cent as the rupee continued to strengthen against the dollar, reducing the value of companies' sales in dollar terms. |
| On Monday, it had closed up 1.6 per cent at Rs 41.8500 per $1""a level seen last in May 1998. |
| The Bombay Stock Exchange's 30-share Sensex ended at 13607.04, down 88.54 points or 0.7 per cent from Monday. Intraday, it moved between 13581.04 and 13755.76. |
| The National Stock Exchange's 50-share Nifty ended at 3984.95, down 28.40 points or 0.7 per cent. Intraday, it moved between 3976.25 and 4030.00. |
| Turnover on both the exchanges was roughly Rs 14,170 crore, compared with Rs 13,100 crore on Monday. Satyam Computer Services, down 5 per cent at Rs 457, was the worst hit on Nifty. |
| Tata Consultancy Services ended down 2 per cent at Rs 1,252. The company late on Monday reported a 44 per cent year-on-year rise in Jan-Mar net profit to Rs 1,195 crore, slightly below market expectations of Rs 1,200 crore. |
| HCL Technologies ended down 2 per cent at Rs 303 ahead of its Jan-Mar earnings due after market hours. |
| The company posted Rs 330 crore net profit for the March quarter, beating analysts' estimates. |
| HCL Tech was seen reporting Rs 280 crore net profit, up 44 per cent on year, according to NewsWire18 poll of analysts' estimates. |
| The CNX IT Index ended down 2 per cent, after rising 7 per cent in the last three sessions. |
| Shares of oil retailers were the biggest gainers on Nifty, as an appreciation in the rupee against the dollar will help domestic companies reduce losses, as they will now pay less in dollars on crude oil imports, dealers said. |
| Hindustan Petroleum, up 4.5 per cent at Rs 262 , was the top Nifty gainer. Bharat Petroleum Corp ended up 3 per cent at Rs 333. |
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