Sensex down 105 pts, Cipla flares up

Although the steep fall in the market have steadied owing to marginal recovery and stock-specific gains, the Sensex is still below the 6,200 levels. It is now down 105 points at 6,179, while the Nifty has shed 36 points to 1,905.

ONGC has dropped 2.31% (Rs 18) to Rs 818. While Reliance has lost 1.96% (Rs 11) to Rs 532, HLL has declined 3.38% (Rs 5) to Rs 139. ITC has trimmed its losses to Rs 1,432 - down Rs 20 or 1.35%.

ICICI Bank has slumped 4% (Rs 15) to Rs 360. While SBI has shed 2.73% (Rs 16) to Rs 588, HDFC Bank (down Rs 3 to Rs 540) has drifted into the green, after recent losses.

Tata Motors has plunged 3.32% (Rs 14) to Rs 415. While Hero Honda has lost 2.31% (Rs 12) to Rs 507, Maruti is down 1.78% (Rs 7) at Rs 407. Bajaj, however, has rolled back into the green to Rs 1,095 - up Rs 4.

Satyam has dropped 3.19% (Rs 13) to Rs 405. Other auto pivotals are also exhibiting weak trends.

HPCL (down Rs 14 or 4.40% to Rs 304), Hindalco (down Rs 41 or 3.34% to Rs 1,197), BHEL (down Rs 10 or 1.25% to Rs 793), HDFC (down Rs 14 or 1.85% to Rs 735) and Tata Power (down Rs 8 or 2.41% to Rs 342) are still displaying weak trends. Zee, however, is still unchanged with 1.85% gains (Rs 2) at Rs 132.

Cipla has flared up 3.37% (Rs 9) to Rs 266, while Dr. Reddy's is down 1.73% (Rs 11) at Rs 638. Ranbaxy is down a per cent (Rs 7) at Rs 911.