The Sensex is now down 339 points at 16,032.The NSE Nifty is down 95 points at 4,847.Infosys has plunged 5% to Rs 1,449. Wipro and ICICI Bank have slumped over 4% each to Rs 435 and Rs 801, respectively.HDFC has tumbled 3.7% to Rs 2,517, and HDFC Bank has shed 3.4% at Rs 1,354.SBI and Jaiprakash Associates have dropped 2.7% each to Rs 1,635 and Rs 234, respectively.DLF, BHEL and Reliance have slipped 2.5% each to Rs 678, Rs 2,040 and Rs 2,290, respectively.Grasim, Tata Steel and Satyam have declined 2.3% each to Rs 2,640, Rs 700 and Rs 399, respectively.Mahindra & Mahindra, Reliance Energy and TCS are down nearly 2% each to Rs 678, Rs 1,309 and Rs 854, respectively.Cipla has moved up 1.7% to Rs 221. ITC has advanced over 1% to Rs 209.