The Sensex rebounded into the positive zone and touched a high of 10,387. The index is now down 60 points at 10,278.
Satyam and Wipro have slumped around 5% each to Rs 285 and Rs 263, respectively.
Tata Motors and Sterlite have tumbled around 4.5% each to Rs 182 and Rs 282, respectively. ACC has plunged over 4% to Rs 490.
Infosys and TCS have slipped 3.5% each to Rs 1,330 and Rs 530, respectively.
HDFC has dropped over 3% to Rs 1,832. Reliance Infrastructure, Mahindra & Mahindra and Reliance are down around 2% each at Rs 523, Rs 376 and Rs 1,409, respectively.
ONGC and Ranbaxy have soard 6.5% each to Rs 757 and Rs 203, respectively.
More From This Section
Tata Power has surged nearly 4% to Rs 720. SBI, Reliance Communications and ICICI Bank have rallied nearly 3% each to Rs 1,276, Rs 239 and Rs 443, respectively.
ITC has gained 2.5% at Rs 162. Jaiprakash Associates and BHEL are up 1.8% each at Rs 83 and Rs 1,365, respectively.
The market breadth is positive - out of 2,336 stocks traded so far, 1,379 have advanced, 889 have declined and 68 are unchanged.