Sensex down 365pts; Dr.Reddy's slips 5%

The Sensex is now down 365 points at 13,656.

Grasim has plunged over 6% to Rs 2,265, and ACC has slumped 5.5% to Rs 910. Gujarat Ambuja has dropped 4.5% to Rs 121.

Dr.Reddy's has tumbled 5% to Rs 675. ICICI Bank, Hindalco and HDFC Bank have declined around 4.5% each to Rs 903, Rs 142 and Rs 945, respectively.

HDFC and Bharti Airtel have shed 4% each to Rs 1,595 and Rs 770, respectively.

Tata Steel is up over 1% at Rs 462.

Out of 2,602 stocks traded so far, 2,183 have declined, 378 have advanced and 41 are unchanged.