The Sensex touched a low of 8,057, and is now down 447 points at 8,254.
Wipro has slumped 16.7% to Rs 196. Tata Power has tumbled nearly 14% to Rs 539.
DLF has crashed 11% to Rs 181. SBI and Hindustan Unilever have plunged over 10% each to Rs 1,037 and Rs 202, respectively.
TCS and NTPC have shed 9.5% each at Rs 443 and Rs 118, respectively. Tata Steel has dropped 9% to Rs 162.
ONGC and Reliance Communications have slipped 7.8% each to Rs 608 and Rs 178, respectively. Ranbaxy has declined 7.5% to Rs 175.
HDFC Bank and Grasim are down 6.8% each at Rs 906 and Rs 982, respectively.
Mahindra & Mahindra, however, has rebounded into the positive zone and is now up 1.6% at Rs 292.