After opening 31 points lower at 14,647, the Sensex has slipped deeper into red owing to weakness in financial stocks. The index is now down 184 points at 14,495.
SBI has plunged 3.5% to Rs 1,394. HDFC Bank has shed 3% at Rs 1,200, and ICICI Bank has slipped over 2% to Rs 664. HDFC is down 1.4% at Rs 2,279.
Jaiprakash Associates and NTPC have tumbled around 3% each to Rs 166 and Rs 179, respectively. DLF has dropped over 2% to Rs 498.
Reliance Communications, Reliance Infrastructure and Wipro have slipped over 1.5% each to Rs 408, Rs 993 and Rs 427, respectively.
Grasim, ONGC and TCS have declined around 1.5% each to Rs 1,999, Rs 1,021 and Rs 828, respectively.
Larsen & Toubro, Maruti, BHEL and Hindustan Unilever are down 1.3% each at Rs 2,678, Rs 615, Rs 1,712 and Rs 239, respectively.
Tata Motors has gained 3.5% at Rs 439. Tata Power has advanced over 1% to Rs 1,035.