The NSE Nifty is down 54 points at 4,972.
Tata Motors has shed around 3% to Rs 642. ONGC and Reliance Infrastructure have have plunged over 2% to Rs 905 and Rs 1,296, respectively.
ITC, Hindalco and Jaiprakash Associates have slipped 1.9% each to Rs 219, Rs 194 and Rs 241, respectively.
Larsen & Toubro and ICICI Bank have declined 1.7% each at Rs 2,867 and Rs 865, respectively.
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Infosys has shed 1.4% at Rs 1,835, while Ambuja Cements, ACC and Reliance have dropped 1.2% each to Rs 103, Rs 672 and Rs 2,586, respectively.
DLF, Satyam and NTPC are down around 1% each at Rs 614, Rs 485 and Rs 177, respectively.
Bharti Airtel has surged 2.7% to Rs 840, and HDFC has gained 2.3% to Rs 2,687.
Cipla and Hindustan Unilever are the major gainers - up 0.6% each.