Sensex subdued, ITI clocks huge volume

A subdued trend is prevailing in the market with select auto counters still under the grip of a strong selling pressure. Although selective buying is seen in banking and select heavyweights, the Sensex is down four points at 7,343. The Nifty is up three points at 2,237.

The market breadth, however, is still higher with 1,340 gainers against 1,055 losers on the BSE.

Hero Honda (down Rs 20 or 3.11% to Rs 634) and Bajaj (down Rs 18 or 1.27% to Rs 1,403) have slipped deep into the red. Maruti, however, is trading higher with a per cent gain (Rs 4) at Rs 457.

ITC has dropped 2% (Rs 36) to Rs 1,701. Reliance Energy and Reliance Industries are still trading with a per cent gain each at Rs 666 and Rs 663, respectively.

Infosys is down a per cent (Rs 12) at Rs 2,260. Other tech pivotals are trading with modest gains.

SBI is up a per cent (Rs 7) at Rs 724, and HDFC Bank is still up 1.37% (Rs 9) at Rs 636. ICICI Bank, however, is down a per cent (Rs 2) at Rs 441.

BHEL has advanced 2.17% (Rs 20) to Rs 920, and Tisco is up 1.74% (Rs 6) at Rs 369. L&T, however, has lost a per cent (Rs 11) to Rs 1,280.

ITI has clocked a volume of over 1.56 crore on the BSE, followed by Zigma Software (1.24 crore), Reliance (79.84 lakh) and RCF (70.21 lakh), respectively.