Sensex down over 250pts, ACC drops 5%

The Sensex is now down over 250 points at 16,414.

ACC has dropped 5% to Rs 745. DLF is also down over 5% at Rs 678. ICICI Bank is now down 5% at Rs 968.

Infosys has slipped over 2% to Rs 1,441. Reliance is also down over 2% at Rs 2,252.

HDFC has moved up 3% to Rs 2,646. Grasim is still up over 2%. Hindalco and HUL are trading with gains.