Sensex remains weak, tech stocks surge

While the markets tend to languish in negative territory on weakness in heavyweights, auto and banking stocks, tech stocks are on a roll following sharp buying support. The Sensex, as a result, is down 14 points at 6,686, while the Nifty is lacklustre at 2,106 - down three points.

Reliance has plunged 1.56% (Rs 9) to Rs 563. ITC has slipped a per cent (Rs 9) to Rs 1,302, while HLL is trading lower by 1.84% (Rs 2) at Rs 131.

Maruti has tumbled 3.34% (Rs 15) to Rs 433. While Tata Motors has edged lower by nearly 2% (Rs 9) to Rs 452, Bajaj has extended its losses by 1.56% (Rs 17) to Rs 1,065. Hero Honda is down a per cent (Rs 3) at Rs 536.

SBI (down Rs 2 to Rs 726), HDFC Bank (down Rs 4 to Rs 562) and ICICI Bank (down Rs 3 to Rs 410) continue to trade at subdued levels.

Grasim and Gujarat Ambuja are down a per cent each at Rs 1,282 (down Rs 11) and Rs 420 (down Rs 3), respectively.

Hindalco has lost a per cent (Rs 11) to Rs 1,379.

Infosys has notched up nearly 2% gains (Rs 43) to Rs 2,243. While Satyam has scaled up 1.86% (Rs 7) to Rs 403, Wipro is up with a steady gain of Rs 2 at Rs 688.

Bharti (up Rs 3 to Rs 211) is unchanged with steady gains.