The Sensex has ended (provisional) at 16,331 - down 410 points. The Nifty ended (provisional) at 4,841 - down 130 points.
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(Updated at 1450 hrs)
The Sensex has slipped further into the red and is now at 16,350, down 390 points.
The NSE Nifty is at 4,839, down 132 points.
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(Updated at 1408hrs)
Markets continue toextend losses.
The Sensex is now down 309 points at 16,432. The Nifty is down 102 points at 4,869.
DLF has plunged 5.3% to Rs 407. Metal stocks - Hindalco and Sterlite have dropped 4.5% each to Rs 131 and Rs 788, respectively. Tata Steel is down 3.5% at Rs 521.
ICICI Bank and Bharti Airtel have declined 4.5% each. Tata Power and SBI have slipped 4% each.
The other losers in the Sensex are Reliance Communications, Jaiprakash Associates, Reliance Infrastructure, ITC, HDFC and Maruti Suzuki.
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Meanwhile, Tata Motors has managed to hold on to its gains and is now up 3.6% at Rs 559.
Wipro has added 2.3% to Rs 605. Hindustan Unilever is up 1% at Rs 281.
The market breadth continued to be negative. Out of 2,690 stocks traded 2,201 have declined while 419 have advanced.