The NSE Nifty is down 10 points at 4,467.
TCS has slumped 6.5% to Rs 803. Infosys has plunged 5% to Rs 1,524.
Tata Steel has tumbled 4.7% to Rs 636, and Reliance Communications has shed 3.7% at Rs 506.
SBI and Satyam have slipped around 3% each to Rs 1,496 and Rs 367, respectively. BHEL has dropped 2.4% to Rs 1,730.
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NTPC has declined 2% to Rs 187, and Larsen & Toubro is down 1.7% each at Rs 2,718.
Reliance Infrastructure has surged 3.5% to Rs 1,051. Maruti and DLF have rallied over 3% each to Rs 626 and Rs 511, respectively.
ONGC has gained 2.8% at Rs 1,023. Reliance and Tata Motors have advanced over 2% each to Rs 2,315 and Rs 447, respectively.