Sensex down 412pts, ITC zooms 7%

The Sensex is now down 412 points at 15,364.

Tata Steel is now down 6% at Rs 662. BHEL is still down nearly 5% at Rs 1,671.

Hindalco has dropped nearly 5% to Rs 174.

Reliance is still down over 3% at Rs 1,875. Hindustan Unilever, ONGC, HDFC Bank  and L&T are also trading weak.

ITC has zoomed nearly 7% to Rs 178.

Market breadth continues to be negative - out of 2,531 scrips traded till now, 1,928 have declined.