Sensex down 88pts; bank stocks weak

The Sensex is now down 88 points at 13,095.

HDFC Bank has slipped 1.8% to Rs 963. ICICI Bank and Maruti have shed 1.4% each to Rs 847 and Rs 772, respectively.

Tata Motors, SBI, ONGC, Wipro and Grasim are down around 1% each to Rs 713, Rs 970, Rs 870, Rs 542 and Rs 2,200, respectively.