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Sensex volatile; SBI, RIL, HDFC Bank, Wipro dip

The benchmark Sensex was marginally in the red amid a choppy trade on first day of a week, dragged down by financial, auto, metal and Anil Dhirubhai Ambani Group companies' shares at 10:58 hours.

May 02, 2011 / 11:59 IST

The benchmark Sensex was marginally in the red amid a choppy trade on first day of a week,  dragged down by financial, auto, metal and Anil Dhirubhai Ambani Group companies' shares at 10:58 hours.


Heavyweights TCS and Reliance Industries too were adding some pressure, with falling 0.5% each. Shares of country's third largest software services exporter Wipro fell more than a percent.

Rate sensitives were taking beating ahead of RBI policy meet on May 3. Anand Tandon, CEO, JRG Securities said that unless the bank pulls a surprise and hikes rates more than 50 basis points, there won
first published: May 2, 2011 11:04 am

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