Sensex down 110pts; Rel Comm drops 3%

The Sensex is now down 110 points at 14,343.

Reliance Communications has dropped nearly 3% to Rs 509. Tata Motors has slipped over 2% to Rs 711.

SBI has shed 1.8% to Rs 1,301. ITC, ICICI Bank and ONGC have declined around 1.5% each to Rs 168, Rs 917 and Rs 914, respectively.

ACC and Reliance are down over 1% each to Rs 880 and Rs 1,754, respectively.

Tata Steel has soared 3.5% to Rs 649. HLL has surged 1.5% to Rs 197.

Reliance Energy and Hindalco have moved up 1.3% each to Rs 558 and Rs 148, respectively.

BHEL and Hero Honda are up 1% each at Rs 2,705 and Rs 694, respectively.

Out of 2,592 stocks traded so far, 1,522 have declined, 985 have advanced and 85 are unchanged.