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Markets slip into red; Tata Steel drops 5%

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BS Reporter Mumbai

The Sensex has slipped into the negative zone and is now down 10 points at 14,568.

The NSE Nifty is down four points at 4,391.

HDFC Bank has surged 3.6% to Rs 1,149, and ICICI Bank has rallied 2.5% to Rs 656. SBI has added 2% to Rs 1,538.

Mahindra & Mahindra has gained 3% at Rs 535. Hindustan Unilever has moved up 2.3% to Rs 239.

Tata Motors has advanced 2% to Rs 404. ACC, Reliance Infrastructure and ITC are up around 1% each at Rs 593, Rs 1,012 and Rs 190, respectively.

Sterlite has slumped nearly 7% to Rs 581. Tata Steel has plunged 5% to Rs 658.

 

Tata Power has tumbled over 2% to Rs 1,095. Infosys and Ranbaxy have slipped 1.8% each to Rs 1,625 and Rs 514, respectively.

Jaiprakash Associates has shed 1.7% at Rs 172. Hindalco and Bharti Airtel are down 1% each at Rs 140 and Rs 808, respectively.

Out of 2,499 stocks traded so far, 1,509 have advanced, 920 have declined and 70 are unchanged.

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First Published: Aug 05 2008 | 12:34 PM IST

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