After slipping sharply in late morning trades, the market is moving with steady losses in the afternoon trades as weakness is still seen in bank, auto and pharma counters. The Sensex is now down seven points at 6,447, while the Nifty has declined nine points to 2,017.ONGC has lost a per cent (Rs 8) to Rs 854.HDFC Bank has slumped 3% (Rs 16) to Rs 515. While ICICI Bank is still trading with a per cent loss (Rs 3) at Rs 388, SBI is trading in the green at Rs 663 - up Rs 5.Bajaj (down Rs 13 to Rs 1,025), Hero Honda (down Rs 3 to Rs 544), Maruti (down Rs 2 to Rs 409) and Tata Motors (down Rs 5 to Rs 417) continue to exhibit weak trends.Ranbaxy has dropped nearly 2% (Rs 21) to Rs 1,057. Cipla has shed 1.76% (Rs 5) to Rs 256, and Dr. Reddy's is down a per cent (Rs 8) at Rs 746.ITC has moved up 1.56% (Rs 20) to Rs 1,305. While Reliance at Rs 562 (up Rs 9 or 1.60%) have trimmed its gains on profit-taking, HLL is up with a steady gain of Rs 2 at Rs 136.
