The Sensex is now down 127 points at 10,446.
The index had opened with a negative gap of 52 points at 10,521, and then tumbled to a low of 10,275 - down 298 points from the previous close.
Reliance Energy have tumbled 5% to Rs 505.
HDFC and Tata Power have shed nearly 4% each at Rs 1,140 and Rs 510, respectively.
Tata Motors and BHEL are down over 3% each at Rs 752 and Rs 1,912, respectively.
Wipro has gained 1% at Rs 457. Hero Honda is the only other gainer among the Sensex stocks.
The market breadth is extremely negative - out of 1,999 stocks traded so far, 1,564 have declined, 406 have advanced and 29 are unchanged.
Source: http://www.business-standard.com/common/storypage_c.php?leftnm=11&bKeyFlag=IN&autono=1076
