Sensex down 251pts; DLF drops 6%, Inofsys up 2%

The markets has drifted deeper into red on the back of sustained selling in rate sensitives like - auto, banking and realty stocks. Capital Goods stocks too are weak. Metal and technology stocks are however witnessing some buying.

The Sensex is now down 251 points at 14,842.

DLF has slumped nearly 6% to Rs 516, and Reliance Infrastructure has plunged 5% to Rs 1,014. Jaiprakash Associates has shed 2.8% at Rs 182.

ICICI Bank has tumbled 4.4% to Rs 680. HDFC and SBI have dropped around 4% each to Rs 2,315 and Rs 1,495, respectively. HDFC Bank has slipped 3.5% to Rs 1,175.

Maruti has dropped 3.3% to Rs 648. Mahindra & Mahindra has declined 2% to Rs 583, and Tata Motors is down 1.7% at Rs 426.

Larsen & Toubro and BHEL have slipped over 3% each to Rs 2,708 and Rs 1,732, respectively.

ITC and NTPC have declined around 2% each to Rs 191 and Rs 183, respectively.

On the other hand, Infosys has rallied 2% to Rs 1,657, and Satyam has advanced over 1% to Rs 411.

Sterlite has gained 1.4% at Rs 622, and Tata Steel has added 1% to Rs 617.