BSE Sensex, ICICI Bank shares, ITC down oct 23 2012

Indonesia stock info - BSE Sensex,  ICICI Bank shares,  ITC down oct 23 2012 ; The BSE Sensex declined 0.06 per cent, while the 50-share Nifty traded 0.1 per cent lower on Tuesday. Volatility is expected a day ahead of expiry of October derivatives contracts on Thursday, with Wednesday being a public holiday.

ITC traded 0.7 per cent lower, falling for the second day on profit booking after touching an all-time high of Rs. 299 on Friday.

Hero MotoCorp declined 1.4 per cent ahead of its July-September earnings later in the day.

However, Larsen & Toubro rose 1.5 per cent after beating estimates on Monday with a 42.4 per cent rise in net profit for the July-September quarter.

Banks such as ICICI Bank gained on expectations the RBI may cut the cash reserve ratio, or the amount of deposits lenders must keep with the central bank, at its policy review on October 30.

ICICI Bank shares gained 0.7 per cent while State Bank of India rose 1 per cent.

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