Business Standard

Sensex down 15 pts, heavyweights firm

Image

Our Web Bureau Mumbai
The market, after a mixed outing in early trades, has declined in  current trades on selling pressure in tech, auto, banking and other select old economy counters.

Although a strong bout of buying is seen in heavyweights, the Sensex is weak at 6,693 - down 15 points. The Nifty, too, is in the red with a loss of three points at 2,073 .

Tech stocks are witnessing weak trends. Wipro has dropped 1.66% (Rs 12) to Rs 712. While Infosys is subdued with a loss of Rs 10 at Rs 2,222, Satyam is down a per cent (Rs 3) at Rs 455.

HDFC Bank and ICICI Bank are down a per cent each at Rs 535 and Rs 394, respectively.

Among auto pivotals Hero Honda has shed 1.12% (Rs 6) to Rs 572, while Maruti is down a per cent (Rs 4) at Rs 462. Tata Motors, too, is trading at lower levels at Rs 438 - down Rs 5.

Cellular major Bharti has lost nearly 2% (Rs 4) to Rs 221. L&T has slumped 2.54% (Rs 28) to Rs 1,067, and HDFC is down Rs 8 at Rs 756. BHEL, which crashed sharply on Friday, however, has gained 1.17% (Rs 10) to Rs 882.

Among heavyweights HLL has attracted strong buying support, and has jumped 3.69% (Rs 5) to Rs 143. While ONGC has moved up 1.80% (Rs 16) to Rs 917, ITC has clocked a per cent gain (Rs 15) to Rs 1,585. Reliance, however, is marginally down at Rs 530.

 
 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 30 2005 | 11:08 AM IST

Explore News