Sensex down 58pts; ITC surges 3%

The Sensex is now down 58 points at 13,931.

Cipla has slumped 7.4% to Rs 164.

ACC and Satyam have plunged 2.5% each to Rs 913 and Rs 406, respectively. SBI and Tata Motors have tumbled 2.3% each to Rs 1,430 and Rs 620, respectively.

Reliance Energy has slipped nearly 2% to Rs 679. NTPC has dropped 1.7% to Rs 157.

Wipro, ICICI Bank and Reliance have shed 1.5% each to Rs 440, Rs 818 and Rs 1,722, respectively.

Dr.Reddy's, Grasim, Bajaj Auto and Ranbaxy are the other prominent losers.

ITC has surged 3% to Rs 157. ONGC has gained 1% at Rs 798.