Sensex down 102pts; Wipro, Satyam drag

The Sensex is now down 102 points at 13,672.

Wipro and Satyam have dropped 2.5% each to Rs 587 and Rs 453, respectively. Infosys has slipped 2% to Rs 2,181.

Tata Motors and ICICI Bank have shed 1.3% each to Rs 817 and Rs 872, respectively.

Hindalco, TCS, Larsen & Toubro, Dr.Reddy's and Tata Steel are down over 1% each to Rs 178, Rs 1,144, Rs 1,380, Rs 729 and Rs 477, respectively.

Grasim has gained 1% at Rs 2,723.

The market breadth is fairly negative - out of 2,102 stocks traded so far, 1,149 have declined, 893 have advanced and the rest are unchanged.