The Sensex has slipped further into red. The index is currently at the day's low of 13,681 - down 88 points.
Tata Motors has slumped 5% to Rs 267. Mahindra & Mahindra and ICICI Bank have shed 4.5% each to Rs 704 and Rs 626, respectively.
DLF has declined 3% to Rs 276. Larsen & Toubro, BHEL, ONGC, Grasim and Infosys have also slipped.
On the other hand, Hindustan Unilever, Sun Pharma, Reliance, ITC and Hindalco have added around 1% each.
The market breadth is fairly negative. Out of 2,084 stocks traded, 1,220 have declined while 787 have advanced.