Sensex down 25 pts, SBI surges

After tumbling sharply in early trades, the market has steadily been on a recovery path since then. While mixed trend is prevailing in most of the sectors, the Sensex is still in the red at 6,441 - down 25 points. The Nifty has further minimised its losses to 1,985 - down six points.

Reliance is still up a per cent (Rs 5) at Rs 531, and ITC is up Rs 6 at Rs 1,485. ONGC is subdued with a per cent loss (Rs 8) at Rs 864.

SBI, on further buying support, has upped its gains to 644 - up Rs 17 or 2.77%. HDFC Bank at Rs 535 (down Rs 2) and ICICI Bank at Rs 393 (down Rs 3), however, are exhibiting a range-bound trend.

Infosys is trading lower at Rs 2,030 - down Rs 34 or 1.67%, while Wipro is down a per cent (Rs 4) at Rs 649. Satyam is up a notch at Rs 430.

Hero Honda has gained 1.10% (Rs 6) to Rs 556, and Maruti is up Rs 3 at Rs 448. While Bajaj (down Rs 8 to Rs 1,170) has trimmed most of its losses, Tata Motors is down 2.19% (Rs 10) at Rs 437.

Bharti is still trading with a steep loss of 2.30% (Rs 5) at Rs 215. While BHEL has declined 2.12% (Rs 18) to Rs 845, HDFC is weak at Rs 757 - down Rs 9 or 1.21%. L&T, however, is up a per cent (Rs 9) at Rs 1,033. While Tisco has added 1.57% (Rs 6) to Rs 359, Tata Power is up 1.28% (Rs 5) at Rs 364.