The NSE Nifty is down 137 points at 4178.
There are no gainers in the Sensex at present.
Mahindra & Mahindra has declined 7.2% Rs 505. Wipro is down 6.9% to Rs 440. Tata Motors and ICICI Bank have dropped around 6.1% each to Rs 454 and Rs 647, respectively.
Jaiprakash Associates has lost 5.8% to Rs 141. Reliance Infrastructure has dipped 5.6% Rs 881.
Ambuja Cements, L&T, Bharti Airtel, HDFC, RCom, Maruti, HDFC Bank, DLF, Grasim, ITC and BHEL are the other losers.
