Sensex down 138pts

The Sensex is now down 138 points at 10,782.

ICICI Bank has shed over 4% to Rs 487. Satyam has slipped nearly 3% to Rs 712.

Larsen & Toubro, TCS and Dr.Reddy's have declined over 2% each to Rs 2,214, Rs 1,809 and Rs 1,349, respectively.

ACC has gained 1% at Rs 821.

Out of 2,332 stocks traded so far, 1,333 have declined, 907 have advanced and 92 are unchanged.