Sensex down 356pts; Tata Steel, RIL down 5%

The Sensex is now down 356 points at 9401.

Reliance Energy (REL) and HLL are down over 9% each at Rs 367 and Rs 200, respectively.

Tata Power has slumped 7.7% to Rs 427, and Grasim has tumbled over 7% to Rs 1,520.

Bajaj Auto, Tata Steel and Reliance have dropped over 5% each to Rs 2,395, Rs 436 and Rs 844, respectively.

Out of a total of 2,265 stocks traded so far, 2,137 have declined, 102 have advanced and the rest are unchanged.