Markets have recovered from its lows and is marginally in green.
The Sensex is at 17,409. Nifty has added six points to 5,211.
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(Updated at 1320 hrs)
Markets have slipped lower in late noon trades.
The Sensex dropped 53 points to touch a low of 17,357.
Nifty is down 11 points at 5,194.
The BSE realty index has dropped almost 1% to 3,184. Auto, FMCG and PSU indices are in red. However, the healthcare sector sontinues to gain from the US healthcare reform bill. The index is up 1% at 5,266.
Bharti Airtel has dropped 2.8% to Rs 307. Other telecom stock, Reliance Communications has shed 1.6% at Rs 168.
Tata Motors and DLF have slipped 2% each to Rs 745 and Rs 296, respectively. ACC has dipped 1.8% to Rs 952.
Sun Pharma, ITC, ICICI Bank and Grasim have also shown weakness. The stocks are down around 1% each.
However, HDFC Bank has held on to gains and is now up 1.5% at Rs 1,867. Market heavyweight, Reliance, has added 1% to Rs 1,083.
