Sensex drops 87pts

The Sensex has declined 87 points to 8,908.

L&T has declined 2.6% (44) to Rs 1,670. BHEL has slipped over 2% (Rs 33) to Rs 1,435.

HLL has dropped Rs 4 to Rs 188. ITC is down Rs 2 at Rs 137.

Maruti, ACC, Tata Motors, HDFC Bank and Grasim are also trading with losses.