The NSE Nifty has rebounded into the positive zone and is now up 18 points at 4,209.
HDFC has plunged nearly 4% to Rs 2,178. Infosys has tumbled 3.6% to Rs 1,728.
Grasim has shed 2.8% at Rs 2,030. Satyam and ICICI Bank have slipped around 2% each to Rs 444 and Rs 692, respectively.
Tata Motors has dropped 1.8% to Rs 473. Wipro, DLF and ITC have declined 1.5% each to Rs 463, Rs 433 and Rs 188, respectively.
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Bharti Airtel has surged 2.7% to Rs 771. Ranbaxy and TCS have gained 2% each at Rs 536 and Rs 861, respectively.
ONGC has moved up 1.7% to Rs 870, and BHEL has added 1.5% to Rs 1,412.