Sensex up 16 pts, Satyam drops 1.6%

The Sensex is now up only 16 points at 8,961.

Infosys is still up over 3% (Rs 85) at Rs 2,852.

Tata Steel is now up Rs 5 at Rs 356. Grasim is now up Rs 20 at Rs 1,425.

Satyam has dropped 1.6% (Rs 11) to Rs 658. Wipro is down Rs 3 at Rs 430, and TCS has declined Rs 6 to Rs 1,542.

Tata Motors has declined 1.6% (Rs 9) to Rs 564.

ONGC is now down Rs 13 at Rs 1,030. While Reliance is down a rupee at Rs 839, SBI and HLL are also trading with margina losses.