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. |