The NSE Nifty is down 99 points at 4,037.
Reliance Infrastructure has slumped over 10% to Rs 796.
ACC has plunged 8.5% to Rs 530, and Ambuja Cements has tumbled 7.5% to Rs 75.
Reliance Communications and DLF have dropped nearly 7% each to Rs 441 and Rs 395, respectively.
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Grasim, Tata Motors and HDFC has shed over 4.5% each at Rs 1,853, Rs 428 and Rs 1,959, respectively.
Maruti has slipped over 4% to Rs 618. Mahindra & Mahindra, Bharti Airtel, SBI and ICICI Bank have declined around 3.5% each to Rs 492, Rs 721, Rs 1,118 and Rs 631, respectively.
Reliance is down 3.3% at Rs 2,110.
Infosys and Hindalco have gained 2% each at Rs 1,742 and Rs 142, respectively.
Jaiprakash Assocaites is up 1% at Rs 144.
Out of 2,648 stocks traded so far, 2,112 have declined, 487 have advanced and 49 are unchanged.