Sensex down 91 pts

The market is still under the grip of a sustained selling pressure in most of the old and new economy counters, with select stocks registering gains in mid-morning trades.

The Sensex is now down 91 points at 6,157, while the Nifty is weak at 1,927 - down 29 points.

ONGC has shed 1.73% (Rs 15) to Rs 832. While Reliance has declined 1.58% (Rs 8) to Rs 521, ITC is down a per cent (Rs 14) at Rs 1,363.

HDFC Bank has lost 2.84% (Rs 15) to Rs 521, and ICICI Bank is down 3.24% (Rs 13) at Rs 390. SBI is subdued at Rs 618 - down Rs 3.

Infosys has trimmed losses and is down 1.41% (Rs 28) at Rs 1,929.  While Wipro is marginally down at Rs 602 (down Rs 3), Satyam is still up a per cent (Rs 4) at Rs 386.

Ranbaxy, Dr. Reddy's and Cipla are down marginally over 2% each at Rs 929 (down Rs 23), Rs 694 (down Rs 17) and Rs 229 (down Rs 5), respectively.

Bharti has tumbled 4.12% (Rs 8) to Rs 195. Hindalco is trading lower by 3.14% (Rs 39) to Rs 1,217.

HPCL, however, has rolled back into the green with a gain of 2.25% (Rs 7) at Rs 329.