Sensex drops 49pts, Hero Honda zooms 7%

The Sensex closed with a loss of 49 points at 7,767.

Wipro slipped 2.5% (Rs 18) to Rs 715. TCS dropped over 2% (Rs 29) to Rs 1,283.  Infosys declined Rs 31 to Rs 2,259.

ITC was down 1.8% (Rs 32) to Rs 1,693. Reliance was also down 1.8% (Rs 13) at Rs 704. SBI and HLL also declined.

Hero Honda zoomed 7% (Rs 46) to Rs 692. Hindalco was up 2% (Rs 27) to Rs 1,402. Ranbaxy advanced over 3% (Rs 16) to Rs 536.

ACC, Cipla, Gujarat Ambuja, ICICI Bank and Tata Motors also moved up today.