The NSE Nifty is down 59 points at 4,967.
Hindalco has plunged 3% to Rs 192. ONGC, ITC and Tata Motors have tumbled 2.4% each to Rs 902, Rs 218 and Rs 646, respectively.
Reliance Infrastructure is trading at Rs 1,296 - down over 2%.
ICICI Bank and NTPC have declined 1.8% each to Rs 864 and Rs 175, respectively.
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Ambuja Cements and Larsen & Toubro have slipped 1.7% each at Rs 102 and Rs 2,868, respectively.
Jaiprakash Associates has shed 1.5% to Rs 242. DLF and ACC have dropped over 1.3% each to Rs 612 and Rs 671, respectively.
Tata Steel, SBI and Reliance are down over 1% each to Rs 897, Rs 1,589 and Rs 2,589, respectively.
On the other side, Bharti Airtel has surged 2.5% to Rs 838, while HDFC has gained 1.8% to Rs 2,675.
Cipla is up 0.7% at Rs 204.