Sensex drops 440pts, Bharti, RCom down 4%

The Sensex is now down 440 points at 14,660.

Bharti has slipped 4% to Rs 835. RCom has also slipped nearly 4% to Rs 516.

ICICI Bank, Bharti, HDFC and Hindalco are trading with losses of over 3% each.

Reliance is still down over 3% at Rs 1,781. ONGC and HUL are also down 3% each.