Sensex down over 25pts, M&M drops 2%

The Sensex has declined over 25 points to 20,079.

M&M has dropped nearly 2% to Rs 780.

HDFC and HDFC Bank are both down over 1% each at Rs 3,100 and Rs 1,737, respectively.

Bharti continues to trade on a weak note at Rs 977 - down 1%.

Cipla has moved up 2% to Rs 208.

ITC and Tata Steel are also trading with gains of nearly 2% each at Rs 201 and Rs 904, respectively.