The Sensex has recovered partially and is now down just 51 points at 15,416.
Hindalco has surged 8% to Rs 101. Sterlite and Mahindra & Mahindra have added 5.5% each to Rs 700 and Rs 808, respectively.
Tata Motors, HDFC Bank, Tata Steel, NTPC, Bharti Airtel and ITC have gained 1-4% each.
Meanwhile, ACC and Infosys have slipped 3.5% each to Rs 866 and Rs 1,744, respectively. ONGC, SBI and Jaiprakash Associates have shed 3% each to Rs 1,128, Rs 1,703 nad Rs 217, respectively.
BHEL has dropped 2.8% to Rs 2,286. HIndustan Unilever, Tata Power, Wipro and Maruti Suzuki have declined over 1% each.
The market breadth continues to be negative. Out of 2,764 stocks traded, 1,774 have declined while 930 have advanced.