Sensex drops 107pts; Hindalco sheds 2%

The Sensex is now down 107 points at 13,754.

Hindalco has slipped nearly 2% to Rs 168. Wipro, ACC and HDFC Bank have dropped around 1.5% each to Rs 589, Rs 1,039 and Rs 1038, respectively.

Satyam, Bharti Airtel, Reliance Communications, Infosys, Larsen & Toubro and TCS are down over 1% each.