Sensex up 2 pts; ACC inches upwards

The market, after a mixed opening, has rolled back into the green with steady gains as fresh buying has emerged in banking, cement, pharma and other select old economy stocks. Heavyweights and tech stocks are still exhibiting weakness after a weak start.

The Sensex, however, is now up two points at 6,595, and the Nifty is up a point at 2,071 on selective buying support.

SBI and ICICI Bank are trading with a per cent gain each at Rs 656 and Rs 370, respectively. HDFC Bank, however, has lost 1.55% (Rs 9) to Rs 579.

ACC, in a sluggish market, has attracted strong buying support. The stock has jumped 2.27% (Rs 8) to Rs 383. While Gujarat Ambuja is up a per cent (Rs 3) at Rs 459, Grasim is marginally up at Rs 1,354.

Ranbaxy has advanced 1.83% (Rs 19) to Rs 1,060. Dr. Reddy's and Cipla are up a per cent each at Rs 746 and Rs 278, respectively.

Tata Power has moved up 1.56% (Rs 6) to Rs 398, while BHEL has added 1.58% (Rs 13) to Rs 812. Bharti is up a tad at Rs 210.

ITC, Reliance and HLL are down Rs 2 each at Rs 1,326, Rs 535 and Rs 158, respectively.

Infosys is subdued with a loss of Rs 10 at Rs 2,034. Wipro (down Rs 6 to Rs 685) and Satyam (down Rs 2 to Rs 404) are also trading at weaker levels.

HDFC has shed 1.46% (Rs 12) to Rs 802.