The Nifty is down 161 points at 3,932.
All Sensex stocks are in negative zone.
Reliance Infrastruture has slumped 10.3% to Rs 709. Tata Steel has plunged 8.7% to Rs 677.
DFL has shed 7.5% at Rs 392, HDFC has slipped over 7% to Rs 1,891.
ICICI Bank has dropped over 6% to Rs 584, and Tata Motors has declined 5.7% to Rs 390.
Mahindra & Mahindra and Grasim have shed nearly 5% each at Rs 446 and Rs 1,690, repsectively.
Ambuja Cements and Reliance Communications are down around 4.5% each at Rs 72 and Rs 400, respectively.
