The Sensex is now down 93 points at 15,024.
The NSE Nifty is down 24 points at 4,500.
Jaiprakash Associates has plunged 3% to Rs 182.
Grasim, Satyam and DLF have dropped 2.3% each to Rs 2,041, Rs 407 and Rs 543, respectively.
Infosys, Wipro and ICICI Bank have slipped 2% each to Rs 1,688, Rs 440 and Rs 695, respectively.
SBI has declined 1.7% to Rs 1,498. BHEL and ACC are down around 1.5% each at Rs 1,747 and Rs 630, respectively.
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ONGC has surged 3.3% to Rs 1,058. Sterlite has gained 2.8% at Rs 631.
Tata Steel has moved up 1.4% to Rs 652, and Tata Power is up 1% at Rs 1,060.
Out of 2,635 stocks traded so far, 1,435 have declined, 1,114 have advanced and the rest are unchanged.