The NSE Nifty is down 36 points at 4,703.
Reliance Infrastructure and Bharti Airtel have tumbled 4.2% each to Rs 1,121 and Rs 841, respectively.
Satyam has lost 3.9% at Rs 498. HDFC has slipped 2.8% to Rs 2,460.
BHEL is down 2.4% at Rs 1,557. Jaiprakash Associates has declined 2.4% to Rs 207.
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HDFC Bank has dropped 2.2% to Rs 1,278. Larsen & Toubro has lost 1.9% to Rs 2,860.
Infosys is down 1.4% at Rs 1,923.
ACC has gained 3.8% to Rs 650. Ranbaxy has advanced 3% to Rs 530.
DLF has moved up 2.8% at Rs 584, and Reliance has inched 2.5% to Rs 2,415.
Tata Motors and Hindalco are up 1.3% each to Rs 570 and Rs 185, respectively.
The market breadth is negative - out of 2,683 stocks traded so far, 1,897 have declined, 725 have advanced and the rest are unchanged.