Sensex down 325pts; ICICI, RCom down 3%

The Sensex is now down 325 points at 14,813.

Hindalco has slumped 4.5% to Rs 155.

Larsen & Toubro, ICICI Bank, Reliance Communications and BHEL have plunged over 3% each to Rs 2,438, Rs 887, Rs 531 and Rs 1,670, respectively.

Maruti, Wipro and Reliance Energy have shed 2.8% each to Rs 826, Rs 457 and Rs 733, respectively.

Grasim, Hindustan Unilever, ACC and HDFC Bank have dropped around 2.5% each to Rs 2,885, Rs 200, Rs 977 and Rs 1,123, respectively.

Reliance, NTPC, Tata Steel, Satyam and HDFC are down over 2% each.

Ranbaxy has gained 1% at Rs 370.

Out of 2,425 stocks traded so far, 1,613 have declined, 761 have advanced and 51 are unchanged.