The market is reeling under pressure, dragged by banks and IT stocks. The Sensex is down 175.61 points or 0.6 percent at 27075.49 and the Nifty is down 57.40 points or 0.7 percent at 8178.05. About 1085 shares have advanced, 898 shares declined, and 140 shares are unchanged. Infosys, Wipro, Vedanta, HDFC and ICICI Bank are major losers in the Sensex. Among the gainers are Bajaj Auto, Cipla, Hero MotoCorp, Hindalco and NTPC.
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