The Sensex is now down 233 points 13,286.
ICICI Bank has slumped 7.8% to Rs 545. Sterlite and Ranbaxy have plunged around 7% each to Rs 444 and Rs 378, respectively.
ITC has shed 4.5% at Rs 185. HDFC Bank has tumbled nearly 4% to Rs 1,182.
SBI has dropped 3% to Rs 1,539. BHEL, Reliance and DLF have slipped around 3% each to Rs 1,609, Rs 1,886 and Rs 414, respectively.
TCS and Hindustan Unilever have declined 1.7% each to Rs 737 and Rs 237, respectively.
Jaiprakash Associates, Grasim and Reliance Communications are down around 1.5% each.
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Tata Motors has rallied over 4% to Rs 415. ONGC has surged over 3% to Rs 982.
Infosys has moved up 1.7% to Rs 1,590. Mahindra & Mahindra and Wipro are up over 1% each at Rs 540 and Rs 396, respectively.
Out of 2,601 stocks traded so far, 1,608 have declined, 913 have advanced and 80 are unchanged.