Sensex down 47pts; Hero Honda, L&T up 2%

The Sensex touched a low of 10,375 - down 177 points from the day's high of 10,552. The index is now down 47 points at 10,404.

ACC has shed 2.7% to Rs 765. Bajaj Auto has slipped 2% to Rs 2,665.

HDFC Bank and Dr.Reddy's have dropped 1.7% each to Rs 752 and Rs 1,318, respectively.

Grasim, Hindalco and Bharti Airtel are down 1.4% each at Rs 1,775, Rs 177 and Rs 361, respectively.

Hero Honda has rallied 2.4% to Rs 781. Larsen & Toubro has surged over 2% to Rs 2,239.

NTPC has advanced 1.4% to Rs 112, and HDFC has added 1% to Rs 1,188.

The market breadth is extremely negative - out of 1,980 stocks traded so far, 1,217 have declined, 716 have advanced and 47 are unchanged.