Unabated selling in financial and real estate stocks have dragged the Sensex deeper into red. The index is now down 426 points at 14,252.
SBI has tumbled 6.3% to Rs 1,354. HDFC Bank has plunged 5.5% to Rs 1,169, and ICICI Bank has slumped nearly 5% to Rs 645. HDFC has shed 4.5% at Rs 2,208.
DLF and NTPC have cracked 5.5% each to Rs 482 and Rs 174, respectively.
Jaiprakash Associates and Reliance Infrastructure have dropped around 5% each to Rs 163 and Rs 960, respectively.
BHEL and Reliance Communications have shed 3.7% each to Rs 1,673 and Rs 399, respectively.
Larsen & Toubro, Wipro and Grasim have slipped over 3% each to Rs 2,627, Rs 420 and Rs 1,967, respectively.
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Hindustan Unilever, ACC, Hindalco and TCS are also down around 3% each.
Ranbaxy has advanced over 1% to Rs 512.
Out of 2,675 stocks traded so far, 1,856 have declined, 735 have advanced and 84 are unchanged.