The Sensex opened with a negative gap of 136 points at 8,707. The index is now down 184 points at 8,659.
DLF has slumped 4.6% to Rs 148. ICICI Bank has plunged 4% to Rs 323.
Jaiprakash Associates and Reliance Infrastructure have tumbled nearly 3.5% each to Rs 65 and Rs 475, respectively.
HDFC, Tata Steel, HDFC Bank, Sterlite and SBI have dropped around 3% each to Rs 1,311, Rs 163, Rs 841, Rs 241 and Rs 1,016, respectively.
Maruti has slipped 2.3% to Rs 619. Infosys, Mahindra & Mahindra, Reliance, Hindalco, Wipro, Larsen & Toubro and Tata Motors are down around 2% each.