Profit-taking trims gains, Sensex up 11 pts

After registering over 25 points gains in the first half, the market has come off its early highs following profit-taking and weakness in select old and new economy stocks.

The Sensex, as a result, is now up 11 points at 6,456. The Nifty, too, has trimmed its gains to 1,990 - up four points.

ONGC is still up a per cent (Rs 7) at Rs 883. While ITC has slipped a per cent (Rs 8) to Rs 1,471, Reliance is trading lower by Rs 3 at Rs 539.

SBI has shed some ground on profit-taking to Rs 618 - up Rs 3. HDFC Bank and ICICI Bank are down a notch each at Rs 534 and Rs 393, respectively.

Infosys has inched lower by Rs 8 to Rs 2,055. Satyam is down a rupee at Rs 428, Wipro is up with a modest gain of Rs 3 at Rs 641.

Bajaj has inched up by a per cent (Rs 10) to Rs 1,137. While Maruti is trading with a per cent gain (Rs 5) at Rs 439, Hero Honda is up a rupee at Rs 552.

Dr. Reddy's and Cipla have slipped into the red to Rs 652 and Rs 276, respectively. Ranbaxy is unchanged with a per cent gain (Rs 8) at Rs 974.

HDFC has gained 2.26% (Rs 17) to Rs 753, while L&T is up 1.18% (Rs 12) at Rs 1,015. Tisco (up Rs 3 to Rs 360) and Tata Power (up Rs 3 to Rs 367) are trading with steady gains.