Sensex down 133pts; HLL up 1%

The Sensex is now down 133 points at 10,787.

ICICI Bank has shed nearly 4% to Rs 488. Satyam has shed 2.7% to Rs 714.

HDFC Bank has declined nearly 2% to Rs 791. TCS, Larsen & Toubro, Bajaj Auto, Dr.Reddy's, Wipro and Hero Honda are down over 1.5% each.

HLL has rebounded into the positive zone and is up 1% at Rs 245.

Out of 1,905 stocks traded so far, 1,063 have declined, 774 have advanced and 68 are unchanged.