Sensex down 72pts; ITC drops 2%

The Sensex is now down 72 points at 12,665.

ITC has slipped nearly 2% to Rs 185. Satyam and Infosys have declined around 1.5% each to Rs 424 and Rs 2,044, respectively.

TCS has shed 1.3% to Rs 1,078. HLL and Hindalco are down 1% each to Rs 230 and Rs 186, respectively.

Wipro, Reliance, Dr.Reddy's and SBI are the other prominent losers.