The Sensex has dropped 1.4% (121 points) to 8,419.Infosys has declined Rs 37 to Rs 2,647. While TCs is down Rs 23 at Rs 1,445, Wipro has lost Rs 7 to Rs 391.ONGC has slipped Rs 25 to Rs 1,029. Reliance is down Rs 10 at Rs 779, and SBI is down Rs 10 at Rs 927. HLL is down Rs 3 at Rs 176.Ranbaxy is still down Rs 31 at Rs 458. Dr. Reddy's is steady at Rs 900 - down Rs 37 (4%).Hero Honda has declined over 3% (Rs 24) to Rs 705. Tata Motors is down Rs 15 at Rs 544.Tata Steel has lost 4% (Rs 15) to Rs 379.