Sensex down 88pts; ONGC, ITC weak

The Sensex is now down 88 points at 19,888.

ONGC has plunged 2.8% to Rs 1,328. ITC has shed 1.8% at Rs 172.

Grasim, Infosys and Tata Motors have slipped 1.5% each to Rs 3,692, Rs 1,881 and Rs 744, respectively.

Bajaj Auto, Dr.Reddy's, HDFC Bank, HDFC, ICICI Bank, Mahindra & Mahindra and Reliance are down over 1% each.

Bharti Airtel, NTPC and Ranbaxy have surged around 2.5% each to Rs 918, Rs 241 and Rs 449, respectively.

Cipla has advanced over 2% to Rs 177.  Hindalco is up 1% at Rs 190.