Sensex down 88pts; breadth marginally -ve

The Sensex has slipped into the negative terrain and touched a low of 10,796 - down 240 points from the day's high of 11,036. The index is now down 88 points at 10,810.

Sun Pharma has slumped nearly 4% to Rs 1,172. Maruti Suzuki has slipped over 3% to Rs 763. Ranbaxy has shed 3% to Rs 176.

Sterlite and Grasim are down 2.5% each at Rs 373 and Rs 1,567, respectively.

ONGC, BHEL, DLF and Mahindra & Mahindra have declined 2% each at Rs 844, Rs 1,607, Rs 232 and Rs 429, respectively.

Hindalco, Bharti Airtel and NTPC are down over 1% each.

However, Wipro has increased 3% to Rs 282, and ACC is up 2% at Rs 638.

The market breadth is marginally negative. Out of 2,363 stocks traded, 1,157 have declined and 1,114 have advanced