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BSE Sensex down, Bharti slides, pharmas gain

SENSEX-BHARTI-PHARMA:BSE Sensex down Bharti slides, pharmas gain

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Reuters Market Eye - The falls 0.2 percent, while the 50-share Nifty declines 0.1 percent. Airtel falls 3.75 percent after Credit Suisse downgrades the stock to "underperform", citing the prospect Reliance Infotel would enter the wireless voice market and further hit margins in the sector.

Pharmaceutical stocks rise, with Laboratories up 3.3 percent, as a couple analyst reports cite improved sales potential in the key U.S. market.

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Sensex is down over 403 points at 29,278 and the 50-share Nifty is down 112 points at 8,840

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