The market continues with its correction mode in early noon trades as selling has picked up in select heavyweights, tech, auto, cement and other old economy counters. The Sensex, as a result, has dropped 56 points at 6,552, and the Nifty has slumped 21 points to 2,048.Reliance and ITC are down Rs 2 each at Rs 533 and Rs 1,303, respectively. HLL is still in the green with a rupee gain at Rs 145.Infosys has scaled down nearly 2% (Rs 42) to Rs 2,141. While Wipro has declined 1.48% (Rs 10) to Rs 697, Satyam is subdued at Rs 404.SBI has extended its losses by 1.30% (Rs 9) to Rs 655. ICICI Bank has slipped 1.44% (Rs 5) to Rs 370.Ranbaxy has shed 1.51% (Rs 16) to Rs 1,035. Other pharma majors are also trading at weaker levels.Grasim has shed a per cent (Rs 13) to Rs 1,352. While Gujarat Ambuja has dipped 1.15% (Rs 5) to Rs 438, ACC is down a per cent (Rs 3) at Rs 365.Hero Honda has tumbled 3% (Rs 17) to Rs 533. Bajaj and Tata Motors are still trading with a per cent loss each at Rs 1,038 (down Rs 8) and Rs 487 (down Rs 5), respectively.Hindalco has crashed 2.40% (Rs 33) to Rs 1,352. While Bharti has lost 2.12% (Rs 5) to Rs 210, Tata Power is down 1.41% (Rs 6) at Rs 411.
