The Sensex opened with a negative gap of 207 points at 9,084. The index is now down 293 points at 8998.

Jaiprakash Associates [Get Quote] and ICICI Bank [Get Quote] have slumped nearly 6% each to Rs 68 and Rs 365, respectively. Reliance [Get Quote] Infrastructure has tumbled 5.5% to Rs 458.

Sterlite has plunged over 5% to Rs 216. ACC and TCS [Get Quote] have shed 4.5% each at Rs 417 and Rs 496, respectively.

HDFC [Get Quote], Hindalco [Get Quote], Reliance and DLF have dropped over 4% each to Rs 1,435, Rs 52, Rs 1,095 and Rs 222, respectively.

Satyam [Get Quote], Infosys [Get Quote] and Wipro [Get Quote] have slipped nearly 4% each to Rs 242, Rs 1,186 and Rs 242, respectively.