The Sensex has slipped deeper into red and is now down 148 points at 14,752.
Sterlite has slumped over 10% to Rs 517. Tata Steel has plunged 4.5% to Rs 539.
Tata Power has tumbled 3% to Rs 1,054. ICICI Bank has shed 2.6% at Rs 694.
Reliance Infrastructure and Reliance have dropped 2.3% each to Rs 1,046 and Rs 2,095, respectively.
HDFC Bank has dropped 2% to Rs 1,266. Maruti has declined 1.7% to Rs 696.
BHEL and Bharti Airtel are down 1% each at Rs 1,727 and Rs 827, respectively.
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ACC has moved up 1.3% to Rs 604.
Out of 2,552 stocks traded so far, 1,484 have declined, 972 have advanced and the rest are unchanged.