Another lacklustre day

The Indian bourses continue to trade flat. The Sensex is now at 17,600, down 15 points.

The NSE Nifty is at 5,261, down one point.
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(Updated at 1023hrs)

Weakness has persisted in the Indian markets.

The Sensex slipped further to a low of 17,578 within the first hour of trade. The index is now down 23 points at 17,593.

The Nifty is unchanged at 5,262.

Sun Pharma has jumped 3.6% at Rs 1,598. DLF and Tata Motors have added 2% each to Rs 382 and Rs 802, respectively.

Jaiprakash Associates and Grasim are up 2% each. Other stocks which have gained are NTPC, Larsen & Toubro and ACC.

However, Hero Honda has extended losses and is now down 2% at Rs 1,619. Infosys and Maruti Suzuki have dropped 1.5% each to Rs 2,488 and Rs 1,433, respectively.

Sterlite has slipped 1.3% to Rs 904. TCS, HDFC, Wipro and ICICI Bank are also down.