The Sensex is now down 103 points at 13,823.
The NSE Nifty is down 13 points at 4,149.
TCS and Satyam have plunged 3.5% each to Rs 838 and Rs 462, respectively. Infosys has shed 2.5% at Rs 1,760.
Jaiprakash Associates has tumbled 2.8% to Rs 166. HDFC has dropped 2% to Rs 2,074.
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Reliance Infrastructure has slipped 1.8% to Rs 840. NTPC has declined 1.4% to Rs 165.
ICICI Bank, Wipro and Mahindra & Mahindra are down 1.3% each at Rs 609, Rs 425 and Rs 530, respectively.
Hindalco, Ambuja Cements and Tata Motors are up 1.3% each at Rs 156, Rs 80 and Rs 405, respectively.