After opening with a positive gap of 119 points at 13,621, the Sensex slipped into red to a low of 13,330 - down 291 points from the day's open. The index is now down 112 points 13,407.
Infosys has soared 3.7% to Rs 1,622. ONGC and Satyam have surged 2.5% each to Rs 976 and Rs 365, respectively.
Tata Motors has rallied 2% to Rs 406.
Ranbaxy has slumped 7.7% to Rs 375. Sterlite and ITC have shed nearly 4% each at Rs 458 and Rs 187, respectively.
ICICI Bank has dropped 3.5% to Rs 570. Tata Steel has slipped over 3% to Rs 472.
Reliance has declined 2% to Rs 1,890. Bharti Airtel and Grasim are down nearly 2% each to Rs 761 and Rs 1,893, respectively.
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SBI and Hindustan Unilever are down around 1.5% each at Rs 1,561 and Rs 237, respectively.
The market breadth is marginally positive - out of 2,165 stocks traded so far, 1,086 have advanced, 1,002 have declined and 77 are unchanged.