Sensex declines 128pts; Hindalco down 2.6%

Hindalco and Reliance Infra are down 2.6% at Rs 198 and Rs 1,421 respectively. Jaiprakash Associates has declined 2.5% to Rs 263.  Bharti Airtel and SBI have declined above 1.7% at Rs 835 and Rs 1,671 respectively.

NTPC, Bhel, Wipro,  HDFC Bank, ONGC, ICICI Bank, TCS and M&M are the other major losers.