The Sensex is now down 395 points at 14,267.
Tata Motors has gained 1.2% at Rs 424.
Bharti Airtel and ONGC have slumped 4.3% each to Rs 776 and Rs 1,030, respectively.
Reliance has tumbled 4.2% to Rs 1,996.
Reliance Infrastructure has plunged 4% to Rs 992.
DLF and Tata Power have lost over 3.4% each to Rs 484 and Rs1,013, respectively.
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ICICI Bank and Jaiprakash Associates have shed over 3.2% each at Rs 678 and Rs 163, respectively.
Out of 2,653 stocks traded so far, 1,821 have declined, 755 have advanced and 77 are unchanged.