The Sensex continues to exhibit lacklustre movement and is now down 10 points at 14,277.
The NSE Nifty has rebounded into the positive zone and is up four points at 4,318.
Updated at 1410 hrs
The Sensex is now down 18 points at 14,258.
The NSE Nifty is down four points at 4,310.
Tata Motors has plunged 4.7% to Rs 397. ITC has tumbled over 4% to Rs 180.
Maruti has shed 2.5% at Rs 575. Grasim has slipped over 2% to Rs 1,812.
SBI and Bharti Airtel have dropped 1.8% each at Rs 1,362 and Rs 795, respectively.
TCS has dropped 1.6% to Rs 825. Satyam and Jaiprakash Associates are down over 1% each at Rs 376 and Rs 155, respectively.
Tata Steel has surged 4.7% to Rs 660. DLF and Sterlite have rallied around 2% each to Rs 500 and Rs 636, respectively.
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Reliance has moved up 1.4% to Rs 2,194.
Out of 2,565 stocks traded so far, 1,266 have declined, 1,221 have advanced and the rest are unchanged.