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Lacklustre trade continues

The Sensex is trading at 17,398 - up 38 points. - Gammon India slumps on Kota mishap - Fortis gains on Rs 250cr investment plans - Sensex lacklustre; Sun Pharma down 2% - UTV, Sun shine on talks of new channel - Sensex flat in opening trades - Sensex opens up 40 pts Earlier in the day, the markets had touched its highest in more than a year after re-opening for trade after four days. The Sensex touched a high of 17,442. Reliance Infrastructure has surged 2.7% to Rs 1,130. Bharti Airtel has gained 2% at Rs 327. NTPC, HDFC and Hero Honda have added 1.5% each. ICICI Bank, Tata Steel, Reliance Communications and Tata Power are the other gainers in the market today. However, IT stocks are in the red. Wipro has dropped 1.7% to Rs 682. TCS has slipped 1% at Rs 741. Other losers in the index are ONGC, Sun Pharma and HDFC Bank. The market breadth is positive. out of 2,717 stocks traded 68% have advanced while 29% have declined.

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