The NSE Nifty is down 115 points at 4,047.
Jaiprakash (JP) Associates has slumped over 8% to Rs 157.
TCS has plunged over 6% to Rs 816. Satyam and Infosys have have tumbled around 5.5% each to Rs 452 and Rs 1,710, respectively.
Larsen & Toubro has shed 5.7% at Rs 2,388. HDFC and Reliance Infrastructure have dropped 4.8% each to Rs 2,015 and Rs 815, respectively.
Tata Steel and Wipro have slipped 4.5% each to Rs 668 and Rs 412, respectively. ICICI Bank has declined 3.6% to Rs 595.
Reliance Communications is down over 3% at Rs 431.
Ambuja Cements is up 1.3% at Rs 80.
Out of 2,608 stocks traded, 1,538 have declined, 993 have advanced and the rest are unchanged.
