No Sensex gainers in early trades; DLF down 5%

The Nifty is trading 130 points lower at 4490.

There are no gainers in the Sensex.

Jaiprakash Associates is down 5.5% to Rs 185, Tata Motors lost 5.3% to Rs 540, DLF has declined 5.15% to Rs 520. Bharti has lost 5.1% to Rs 802. HDFC Bank, Reliance Infrastructure and Bhel are down 4%.