<b>Recovery continues...</b> Sensex down 169pts

The Sensex is now down 169 points at 14,189. The index had touched a low of 13,780 earlier in the day.

Satyam has plunged nearly 6% to Rs 440. Tata Steel and Maruti have slumped over 4% each to Rs 551 and Rs 759, respectively.

ONGC has tumbled nearly 3% to Rs 795. ITC has shed 2.8% to Rs 154.

Ranbaxy, Infosys and BHEL have dropped around 2.5% each to Rs 352, Rs 1,864 and Rs 1,564, respectively.

NTPC, Hindalco, ACC, Bajaj Auto, Reliance Communications and Bharti Airtel are down over 2% each.

Ambuja Cements has gained 1.3% at Rs 129.

Out of 2,640 stocks traded so far, 2,007 have declined, 602 have advanced and 31 are unchanged.