Market range-bound

After extending gains in early noon trades, the market has slipped back to range-bound (positive) trend in mid-noon trades following a steady fall in select counters coupled with weakness in tech counters.

The Sensex, as a result, is now up 30 points at 6,225. The Nifty, however, has shed more gains on profit-taking to 1,920 - up three points.

Reliance is still trading with a per cent gain (Rs 6) at Rs 540. While ITC has added Rs 13 to Rs 1,420, HLL is up a tad at Rs 133. ONGC, however, has slipped into the red with a rupee loss at Rs 824.

SBI has gained 1.46% (Rs 9) to Rs 598. While ICICI Bank is trading off-highs with a gain of 1.11% (Rs 4) at Rs 365, HDFC Bank is down a rupee at Rs 538.

BHEL is trading 2.71% higher (Rs 21) at Rs 814.

ACC is trading with a steady gain of 1.38% (Rs 5) at Rs 370. While Grasim has minimised its gains to Rs 1,145 (up Rs 5), Gujarat Ambuja is up a rupee at Rs 432.

Bajaj is still up a per cent (Rs 10) at Rs 1,113. While Maruti is up 1.41% (Rs 6) at Rs 409, Tata Motors has gained 1.13% (Rs 5) to Rs 425.

Hindalco at Rs 1,228 (up Rs 18 or 1.47%), HDFC at Rs 748 (up Rs 12 or 1.69%) and Bharti at Rs 210 (up Rs 4 or 2%) have marginally trimmed their gains due to profit-taking.

Infosys has inched lower by a per cent (Rs 10) to Rs 1,905. While Wipro has lost 1.12% (Rs 7) to Rs 629, Satyam is down a rupee at Rs 408.

Reliance Energy is trading a per cent lower (Rs 4) at Rs 484.