The Sensex is now at 14,890, down 170 points. The NSE Nifty has shed 60 points at 4,409.
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(Updated at 1412hrs)
The NSE Nifty is languishing at lower levels and is now at 4,413, down 55 points.
HCL has slipped 4.5% to Rs 219. ABB and Cairn India has dropped above 3.5% to Rs 709 and Rs 236, respectively.
Grasim, SAIL and Cipla have declined above 3% each to Rs 2,692, Rs 166 and Rs 273, respectively.
Hero Honda and TCS are down 2.5% each.
ONGC has surged 5% to Rs 1,096. Sterlite has added 3% to Rs 612. Suzlon and DLF are up 1% each at Rs 92 and Rs 347, respectively.
Meanwhile the Sensex is at 14,903, down 156 points. The BSE IT index is down 2% at 3,603.
The market breadth is negative, out of 2,619 shares traded, 1,414 shares have declined and 1,110 shares have declined so far on the BSE.