Sensex down 116pts; HDFC advances 3%

The Sensex is now down 116 points at 13,313.

ACC has slumped 4.5% (Rs 50) to Rs 1,047. HDFC Bank has dropped 4% to Rs 1,080.

Larsen & Toubro and ITC have shed 3.5% each to Rs 1,307 and Rs 176, respectively.

Hindalco has plunged 3% to Rs 169. Ranbaxy, Tata Steel, NTPC, Cipla and Ranbaxy are down around 2.5% each.

Hero Honda has rallied 3.3% to Rs 717. HDFC has advanced 3% to Rs 1,656.

Infosys has gained 2% at Rs 2,230. TCS have moved up 1.7% to Rs 1,112.

Out of 2,436 stocks traded, 1,740 have declined, 646 have advanced and 50 are unchanged.