The Sensex opened with a loss of six points at 6,272 and dropped another 22 points to touch a low of 6,272 following weakness in select heavyweights, banking and other old economy stocks. While the Sensex is now down 16 points at 6,262, the Nifty is down a point at 1,934.HLL, which rose sharply in the last two trading sessions, has shed 2.10% (Rs 3) to Rs 140. Reliance is down a rupee at Rs 538. HDFC Bank and ICICI Bank have slipped a per cent each to Rs 535 (down Rs 3) and Rs 381 (down Rs 3), respectively. SBI is marginally down at Rs 619.Cipla, after reporting strong gains yesterday, is down a per cent (Rs 2) in early deals. Dr. Reddy's, too, is trading a per cent lower (Rs 5) at Rs 651, while Ranbaxy is weak at Rs 905 - down Rs 3.Hindalco has dipped 1.12% (Rs 14) to Rs 1,240.ONGC has gained a per cent (Rs 5) to Rs 837, and ITC is up Rs 5 at Rs 1,407. Infosys, continuing with its weak trend, has dipped a per cent (Rs 13) to Rs 1,907. While Wipro has clocked a per cent gain (Rs 5) to Rs 641, Satyam is up a rupee at Rs 411.HDFC is up 1.16% (Rs 8) at Rs 730.