Sensex drops 20pts

The Sensex has declined 20 points to 8,803.

Bharti has dropped over 2% (Rs 8) to Rs 340. Grasim is now down over 2% (Rs 29) at Rs 1,371.

SBI has slipped Rs 15 to Rs 877, and BHEL is down Rs 23 at Rs 1,380.

HLL, ITC, Tata Steel, Tata Motors, Bajaj, Maruti and ICICI Bank are also trading with losses.