Sensex down 200pts, ICICI Bank drops 6%

The Sensex has recovered sharply from the day's low of 16,165, and is now down over 200 points at 16,470.

The NSE Nifty is down 40 points at 4,913.

ICICI Bank is now down 6% at Rs 965.

DLF and ACC are down over 4% each at Rs 681 and Rs 750, respectively.

RCom and HDFC Bank are down 3% each at Rs 523 and Rs 1,352, respectively.

Reliance is now down 1.5% at Rs 2,271. Infosys, L&T and REL continue to trade with losses.

Maruti has gained over 3% at Rs 906. Grasim has moved up over 2% to Rs 2,835. HDFC is also up over 2% at Rs 2,634. Hindalco, HUL and NTPC are also trading with gains.