Sensex down 16pts, Reliance up 1.6%

The Sensex has bounced from lows, and is now down only 16 points at 9,267.

Reliance is still up 1.6% (Rs 14) at Rs 880.  SBI is now up Rs 9 at Rs 901. ONGC is still down Rs 5 at Rs 1,177.

HDFC is still up 1.6% (Rs 18) at Rs 1,187. Grasim has moved up over a per cent (Rs 16) to Rs 1,339.

Bharti has declined over 2% (Rs 7) to Rs 337.

Infosys is now down Rs 20 at Rs 2,977. Wipro and TCS are also trading with losses.