The Sensex is now down 65 points at 14,385.
Reliance and Jaiprakash Associates have shed 3% each at Rs 2,164 and Rs 155, respectively.
Tata Steel has dropped 1.7% to Rs 576, and Mahindra & Mahidnra has slipped 1.5% to Rs 555.
HDFC and Tata Motors are down over 1% each at Rs 2,338 and Rs 429, respectively.
HDFC Bank and Satyam have surged over 2.5% each to Rs 1,240 and Rs 403, respectively.
Maruti and Wipro have rallied 2% each to Rs 637 and Rs 428, respectively. TCS has gained 1.7% at Rs 832.
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ACC, BHEL and Ranbaxy are up around 1% each at Rs 563, Rs 1,705 and Rs 517, respectively.
Out of 2,578 stocks traded so far, 1,514 have declined, 974 have advanced and 90 are unchanged.