Sensex recovers, down 93pts

The Sensex has recovered smartly from the day's low of 14,124, and is now down 93 points at 14,125.

Cipla and Reliance Communications have dropped 1.7% each to Rs 203 and Rs 486, respectively.

Bharti Airtel, HDFC and SBI have slipped around 1.5% each to Rs 824, Rs 1,730 and Rs 1,267, respectively.

ACC, ONGC, HDFC Bank, Grasim and Hero Honda are the other major losers.