Sensex down 170pts; DLF up 2.1%

The Nifty is trading at 4690, down 49 points.

ACC is up 3.4% at Rs 647. Reliance has advanced 2.5% to Rs 2,318. DLF has surged 2.1% to Rs 579.

Tata Motors is up 1.7% to Rs 572. Cipla, Ranbaxy, Wipro, Ambuja Cements, ONGC and Hindalco are all trading less than 1%

Reliance Infra is down 4.8% to 1,114. Satyam has lost 4.2% to Rs 497. Bharti has declined 4% to Rs 843. 

Jaiprakash is down 3.5% at Rs 204. HDFC Bank and Bhel have declined 3.3% at Rs 1,263 and Rs 1,544.

HDFC, L&T, NTPC, Infosys, TCS, Reliance Communications, ICICI Bank and Grasim are the other losers.