Markets remain weak; Wipro 2.8% higher

The Sensex is now trading 86 points lower at 9,601. The Nifty is down 30 points to 2939.

Wipro is trading 2.8% higher at Rs 250, ICICI Bank, SBI and Ranbaxy are up over 0.5% each at Rs 430, Rs 1,273 and Rs 215 respectively.

Satyam is down 15% to Rs 119, Tata Motors has declined nearly 6% to Rs 164.35. Jaiprakash Associates, Tata Steel and DLF are down over 4% each. Maruti, Reliance Infra and Grasim have lost over 2.5% each.