The Sensex opened 92 points lower at 9,213, and touched a low of 9,079 in morning trades. The index is now down 186 points at 9,120.
DLF has slumped 6.5% to Rs 146. Mahindra & Mahindra has tumbled 4.7% to Rs 300.
Tata Steel and Jaiprakash Associates have plunged nearly 4% each to Rs 177 and Rs 67, respectively.
ICICI Bank and Reliance Infrastructure have shed 3.5% each at Rs 395 and Rs 515, respectively.
Reliance Communications, Hindalco, HDFC Bank and Maruti have dropped around 3% each to Rs 166, Rs 43, Rs 886 and Rs 602, respectively.
Infosys, Tata Power, TCS and SBI have slipped around 2.5% each to Rs 1,192, Rs 757, Rs 489 and Rs 1,109, respectively.
Grasim, Reliance, ACC and Sterlite have declined 2.3% each to Rs 1,318, Rs 1,288, Rs 549 and Rs 257, respectively.
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HDFC, Wipro and ONGC are down around 2% each at Rs 1,465, Rs 211 and Rs 674, respectively.
Ranbaxy, however, has gained 1% at Rs 207.