Sensex down 112pts; HDFC slips 2%

The Sensex is now down 112 points at 10,808.

ICICI Bank has dropped 3.5% to Rs 490. HDFC has slipped over 2% to Rs 1,186.

Satyam, Reliance Communications, Larsen & Toubro, Wipro, Maruti and Dr.Reddy's are down over 1.5% each at Rs 720, Rs 254, Rs 2,228, Rs 489, Rs 798 and Rs 1,356, respectively.

ONGC and ACC are the sole gainers among the Sensex stocks.