Sensex down 22pts

The Sensex, which dropped to a low of 7,711, has bounced back, and is now down 22 points at 7,759.

SBI is still down 2% (Rs 15) at Rs 790. ONGC is down Rs 10 at Rs 991. Reliance is also down Rs 6 at Rs 699.

Tata Motors has dropped 3% to Rs 276.

Infosys is still up over a per cent at Rs 2,316. ITC is up Rs 8 at Rs 1,692.

Cipla is steady at Rs 357 - up Rs 7. Dr. Reddy's and Ranbaxy are also in positive zones.