The Sensex opened on a flat note at 7,303. Buying in select counters saw the index touch a high of 7,338 in early trades before selling pressure pulled the market down from higher levels.After exhibiting a negative, range-bound trend thereafter, the Sensex scrips came under the grip of sustained selling pressure towards the fag-end, and the index touched an intra-day low of 7,237 - down 101 points from the day's high. The Sensex finally wrapped up the session with a loss of 56 points at 7,248.Reliance dropped 1.18% (Rs 7) to Rs 631. While ONGC tumbled 1.75% (Rs 16) to Rs 925, ITC declined a per cent (Rs 14) to Rs 1,730. HLL was down 1.23% (Rs 2) at Rs 157.While Satyam shed 2.25% (Rs 11) to Rs 485, TCS declined 1.18% (Rs 15) to Rs 1,270. Infosys, too, ended lower at Rs 2,203 - down Rs 17. Wipro, however, moved up a per cent (Rs 7) to Rs 709.HDFC Bank dropped 2% (Rs 13) to Rs 644, and ICICI Bank was down a per cent at Rs 464. SBI, however, scaled up 1.21% (Rs 9) to Rs 726.Bajaj (down Rs 4 to Rs 1,380), Tata Motors (down Rs 6 to Rs 460) and Maruti (down Rs 7 to Rs 450) lost ground on selling pressure. Hero Honda, however, bucked the downtrend and surged 4.68% (Rs 28) to Rs 636. Grasim dipped 2% (Rs 22) to Rs 1,070, and Gujarat Ambuja slipped 1.43% to Rs 62. ACC, came off its highs after announing its Q1 numbers, and closed up a rupee at Rs 423.Ranbaxy slumped 2.82% (Rs 30) to Rs 1,022. Dr. Reddy's and Cipla were down a per cent each at Rs 754 and Rs 323, respectively.HDFC shed 1.33% (Rs 12) to Rs 889, and Bharti lost 1.80% (Rs 5) to Rs 254. While Tata Power soared 3.12% (Rs 12) to Rs 408, L&T gained a per cent (Rs 13) to Rs 1,262.
