Sensex down 115pts; Hero Honda drops 4%

The Sensex is now down 115 points at 10,569.

Cipla has gained 2.5% at Rs 219. Dr.Reddy's and Satyam are up over 1% each at Rs 1,332 and Rs 717, respectively.

Hero Honda has dropped nearly 4% to Rs 738. Tata Motors has slipped over 3% to Rs 759.

Hindalco, HDFC Bank, Tata Steel and Maruti have slipped over 2.5% each to Rs 167, Rs 758, Rs 512 and Rs 785, respectively.

HLL, Wipro and Bharti Airtel are down 2% each.

Out of 2,365 stocks traded so far, 1,269 have declined, 1,021 have advanced and 75 are unchanged.