Sensex slips as selling sets in

The Sensex, up over 110 points in the first-half, has slipped into the red in current trades following a slump in heavyweights, tech and other select old economy stocks. It is now two points at 6,155. The Nifty, too, has lost ground and is down a point at 1,927.

Reliance has tumbled nearly 3% (Rs 16) to Rs 514. ITC (down Rs 3 to Rs 1,376) is displaying a subdued trend. ONGC, however, is trading higher with a 1.70% gains (Rs 14) at Rs 846. 

Infosys is up a per cent (Rs 16) at Rs 1,928. While Wipro has tumbled 2.70% (Rs 16) to Rs 589, Satyam has dropped 2% (Rs 8) to Rs 375.

HDFC Bank is up 1.92% (Rs 10) at Rs 531. SBI and ICICI Bank are up a notch each at Rs 622 and Rs 387, respectively. SBI is down Rs 3 at Rs 619.

Bajaj and Hero Honda are still trading with a per cent loss each at Rs 1,063 (down Rs 9) and Rs 497 (down Rs 5), respectively. While Tata Motors has lost 1.74% (Rs 7) to Rs 417, Maruti is down a notch at Rs 415.

HDFC (up Rs 19 or 2.70% to Rs 708), Bharti (up Rs 4 or 1.81% to Rs 208) and L&T (up Rs 8 to Rs 971) are trading off-highs on profit-taking. Tisco, however, has slumped 3.65% (Rs 13) to Rs 353.