Sensex slips 101pts; Hero Honda spurts 1%

The Sensex is now down 101 points at 11,306.

Hero Honda has rebounded into the positive zone and spurted over 1% to Rs 708.

Reliance Communications and ICICI Bank have dropped 1.7% each to Rs 285 and Rs 580, respectively.

HDFC and HDFC Bank have slipped over 1.5% each to Rs 1,259 and Rs 840, respectively.

Grasim, ONGC, Satyam, Larsen & Toubro, HLL and Infosys are down around 1% each.