Selling pressure eases, Sensex down 400pts

The Sensex is still down 400 points at 14,700.

Bharti continues to be down over 4% at Rs 832. RCom is also down 3% at Rs 517.

HDFC is now down 3.7% at Rs 1,940.

ICICI Bank is steady at Rs 858 - down 3.6%.

Hindalco and Tata Steel continue to trade with 3% losses at Rs 150 and Rs 632, respectively.

Reliance is steady at Rs 1,789  - down 2.8% (Rs 52). SBI, TCS, Wipro and ONGC are also trading with losses of over 3% each.