Sensex down over 200pts, ICICI Bank drops 4%

The Sensex has slipped over 200 points to 19,657.

ICICI Bank has slipped 4% to Rs 1,314. HDFC Bank has declined over 3% to Rs 1,620. HDFC is also down 3% at Rs 2,750.

DLF has dropped 3% to Rs 1,098. Reliance Energy continues to be down over 2% at Rs 2,216.

TCS has declined 2% to Rs 926. Infosys, Satyam and Wipro are also weak.

Reliance is now up marginally at Rs 3,107. ACC, Grasim, HUL and ITC are trading with gains.

Advances are ahead of declines - out of 2,000 scrips traded till now, 1,150 have logged gains.