Sensex down 171pts

The Sensex is now down 171 points at 10,749.

ICICI Bank and Satyam has declined around 4% each at Rs 486 and Rs 705, respectively.

Tata Steel, Dr.Reddy's, BHEL and Larsen & Toubro have slipped around 3% each to Rs 546, Rs 1,334, Rs 1,917 and Rs 2,205, respectively.

Out of 2,399 stocks traded so far, 1,425 have declined, 901 have advanced and 73 are unchanged.