The Sensex has declined further and is now down 226 points at 11,793.
Bharti Airtel and Sterlite have slumped 4.5% each to Rs 760 and Rs 454. Wipro and Tata Motors have shed 3.5% each to Rs 361 and Rs 259, respectively.
ICICI Bank, ONGC, Larsen & Toubro, Infosys, Reliance, Maruti Suzuki, BHEL, HDFC, Hindalco, Hindustan Unilever and Jaiprakash Associates are the other prominent losers.
However, DLF has gained 3.5% at Rs 241. Ranbaxy has advanced 1% to Rs 180.
The market breadth is still negative - out of 2,297 stocks traded, 1,338 have declined and 876 have advanced.
