The Sensex has finally ended (provisional) at 15,881 - down 171 points.
The Nifty ended down (provisional) 46 points at 4,704.
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(Updated at 1512hrs)
The Sensex after slipping to a low of 16,136 ,has recovered partially and is now at 16,920, down 132 points.
The NSE Nifty is at 4,715, down 36 points.
Reliance Communications has slumped 7% to Rs 176. Bharti Airtel has dropped 6.5% to Rs 292.
Reliance Infrastructure, Tata Power, Wipro, Reliance and ONGC have declined 3-5% each.
Sterlite has advanced 3% to Rs 770 and Grasim Industries has added over 2.5% to Rs 2,190.
ICICI Bank, ACC, Maruti and Tata Motors are up over 1.5% each.
The market breadth is fairly negative, out of 2,741 shares traded, 1,573 have declined and 1,086 have advanced so far on the BSE.