Bears ruled the roost for the third day, pulling the sensex down 338 points.
The barometer index has tanked 621 points in the last three trading sessions.
Banking pivotals fell ahead of inflation data to be announced by
the government after market hours today, 11 September 2008. ICICI
Bank (down 2.01% to Rs 686.45), State Bank of India (down 1.7% to
Rs 1,538.45) and HDFC Bank (down 1.9% to Rs 1,252.70) edged lower.
Annual inflation rose 12.34% in the year through 23 August 2008,
lower than previous week\'s 12.40% rise, data released by the
government after trading hours on Thursday, 4 September 2008
showed.
Reliance Infrastructure (down 4.15% to Rs 992), Tata Power Company
(down 3.53% to Rs 1,012.10), Reliance Power (down 0.68% to Rs
168.60) edged lower.
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This share should improve from current level....

whats new in that . This is called as lip service. Nothing beneficial for share holder. Has already drained useful resources in buying dead brands. No hope No future for this co....