Sensex down 50pts; ICICI Bank slips 2%

The Sensex is now down 50 points at 15,493.

Reliance Energy has soared over 4% to Rs 896. Bajaj Auto has surged 2.5% to Rs 2,390.

Reliance has moved up 1.5% to Rs 2,016.

ITC, NTPC and ICICI Bank have dropped around 2% each to Rs 180, Rs 192 and Rs 884, respectively.

Cipla and Hindalco have shed 1.3% each to Rs 175 and Rs 155, respectively.

Ranbaxy, Satyam, Larsen & Toubro, TCS and Dr.Reddy's are the other notable losers.

Out of 2,743 stocks traded so far, 1,573 have advanced, 1,119 have declined and 51 are unchanged.