Sensex down 8 pts, IndusInd Bank up 7%

The Sensex is now down eight points at 7,789.

Infosys is now down Rs 12 at Rs 2,300. Satyam has dropped 2% (Rs 11) to Rs 529. TCS and Wipro are also trading with losses.

ITC has added Rs 7 to Rs 1,744. Reliance is up Rs 2 at Rs 731, and SBI is also up Rs 2 at Rs 809.

Bharti has shed some gains, but is still up 4% (Rs 12) at Rs 296.

Tata Power is still up 4% (Rs 15) at Rs 424. Reliance Energy has moved up 2% (Rs 12) to Rs 651.

Bajaj is still down Rs 55 at Rs 1,477.

Grasim has gained 2% (Rs 23) to Rs 1,236.

IndusInd Bank has moved up 7% to Rs 79. Federal Bank, BoB and Kotak Bank are trading with gains.

Advances are ahead of declines 2:1 - out of 2,566 scrips traded, 1,605 have moved up, 895 have declined and 66 are unchanged.