Sensex drops 91pts, ONGC down 4%

The Sensex has declined 91 points to 8,032.

ONGC has slipped 4.5% (Rs 44) to Rs 938. Reliance is down Rs 7at Rs 750. SBI is down Rs 8 at Rs 903. HLL has dropped Rs 3 to Rs 172.

Infosys has declined 1.3% (Rs 32) to Rs 2,499. TCS is down Rs 10 at Rs 1,429. Satyam is up Rs 10 at Rs 563.

Dr. Reddy's has dropped 4% (Rs 33) to Rs 822.

Bajaj has declined Rs 33 to Rs 1,740. Hero Honda is down 3.7% (Rs 27) at Rs 690.

Declines are ahead of advances - out of 2,349 scrips traded till now, 2,057 have declined, 265 have advanced and 27 are unchanged.