Tech stocks remain weak

The Sensex, which crumbled to a low of 6,286 in early trades, is still displaying weak trends as selling is still witnessed in tech, select heavyweights, cement and other old economy counters.

While buying remains stock-specific, the Sensex is now down 39 points at 6,301. The Nifty has shed 11 points to 1,946.

Infosys, after a weak opening, has dropped 2.33% (Rs 46) to Rs 1,913. While Satyam has declined 1.43% (Rs 6) to Rs 410, Wipro is down 1.22% (Rs 8) at Rs 634.

ONGC has slipped a per cent (Rs 9) to Rs 839. ICICI Bank has tumbled 3.17% (Rs 13) to Rs 391.

ACC has lost 1.28% (Rs 5) to Rs 366. Grasim and Gujarat Ambuja are also trading weak at Rs 1,210 and Rs 429, respectively.

HPCL has dipped 1.12% (Rs 4) to Rs 322. While Bharti has inched lower by 1.94% (Rs 4) to Rs 202, Tisco is down 1.37% (Rs 5) at Rs 354.

Reliance is unchanged with a per cent gain (Rs 6) at Rs 553. While ITC is up Rs 6 at Rs 1,386, HLL is up a per cent at Rs 139.

Cipla, on strong buying support, has soared 5% (Rs 12) to Rs 256. While Ranbaxy is marginally up at Rs 918, Dr. Reddy's is trading weaker by Rs 2 at Rs 664.

Maruti is down a per cent (Rs 3) at Rs 428, and Hero Honda is down a rupee at Rs 504. Bajaj, however, has clocked a per cent gain (Rs 10) to Rs 1,093.