Rate sensitives – BSE bankex and realty indices have dropped into the red. The realty index is down 2% in opening trades at 1,851. Bankex and capital goods indices have slipped 0.4% each.
Meanwhile, the healthcare index has added 0.8% at 6,401. OIl & gas and auto indices have added 0.7% each.
Meanwhile, DLF has slipped 3% to Rs 223. DLF is under pressure on account of a 45 per cent drop in the December quarter net. The company and its subsidiaries have received an additional tax notice of 1,137 crore for the 2009-10 assessment year. SBI, Bharti Airtel and Wipro have dropped around 1% each in trades.
Among individual stocks, Tata Power has slipped 1.5% to Rs 109 today on reporting a 40.7 per cent drop in consolidated the December quarter net profit.