SBI has plunged 2.5% to Rs 1,665. Hindalco has dropped 2% to Rs 159.
Ambuja Cements and Reliance Energy have slipped around 1.5% each to Rs 128 and Rs 773, respectively.
The market breadth has turned negative - out of 2,626 stocks traded so far, 1,289 have declined, 1,277 have advanced and 60 are unchanged.