Sensex down 60 pts, SBI drops 3%

The Sensex has dropped 60 points to 9,286.

ACC has declined 3.8% (Rs 21) to Rs 539. Grasim and Gujarat Ambuja are also weak.

SBI has slipped 3% (Rs 28) to Rs 904.

Wipro has dropped over 2% (Rs 10) to Rs 455. Infosys has declined Rs 17 to Rs 2,950. TCS and Satyam are also trading with losses.

Hero Honda is still up over 3% (Rs 27) to Rs 867. Ranbaxy is steady at Rs 364 - up Rs 8. HDFC is now up Rs 19 at Rs 1,260.