Sensex down 46pts; market breadth positive

The Sensex is now down 46 points at 11,420.

ONGC has dropped 2% to Rs 1,185. HDFC, Reliance Energy and Hero Honda have slipped around 1.5% each to Rs 1,280, Rs 447 and Rs 695, respectively.

HDFC Bank, ITC, Dr.Reddy's and Tata Steel have declined over 1% each to Rs 830, Rs 178, Rs 1,478 and Rs 507, respectively.

Infosys, Cipla, ACC and Satyam have advanced around 1% each to Rs 1,782, Rs 252, Rs 911 and Rs 800, respectively.

Out of 2,245 stocks traded so far, 1,306 have advanced, 886 have declined and the rest are unchanged.