The Sensex has recovered partially from the day's low of 13,151, but is still significantly down by 583 points at 13,418.
Reliance Infrastructure has slumped 9.7% to Rs 839, and Satyam has plunged 9% to Rs 370.
DLF and Jaiprakash Associates have tumbled 7.5% each to Rs 433 and Rs 146, respectively.
Reliance Communications and Sterlite have shed 6.7% each at Rs 365 and Rs 455, respectively.
Ranbaxy and ONGC have slipped 6.5% each to RS 425 and Rs 957, respectively.
TCS and Infosys have declined around 6% each to Rs 758 and Rs 1,546, respectively.
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Tata Motors and Wipro are down 5.7% each at Rs 388 and Rs 396, respectively.
Out of 2,534 stocks traded so far, 2,278 have declined, 217 have advanced and 39 are unchanged.