The Sensex has not been able to recover and is now down 47 points at 16,838. The Nifty is down 14 poinst at 5,006.
Jaiprakash Associates has plunged 5% to Rs 237.
Bharti Airtel and Mahindra & Mahindra have dropped 2% each to Rs 419 and Rs 869, respectively.
Tata Power and Reliance Infrastructure have shed 1.5% each to Rs 1,296 and rs 1,228, respectively. Larsen & Toubro, Infosys and Hindustan Unilever have moved down over 1% each.
Meanwhile, Sterlite continues to hold gains and is now up 2.5% at Rs 778. HDFC Bank has added 2% to Rs 1,575.
The market breath continues to negative. Out of 2,661 stocks traded 1,492 have declined while 1,084 have advanced.
