The Sensex plunged 65 points to close at 5,673. The Nifty finished 18 points lower at 1,790.
Satyam was the major loser, and the scrip plunged 5.5% (Rs 22) to Rs 380. Infosys declined Rs 7 to Rs 1,759, and Wipro finished Rs 5 lower at Rs 647.
Reliance slumped 2% (Rs 12) to Rs 548. ITC shed Rs 8 to Rs 1,791, and HLL dropped a per cent to Rs 125.
HPCL slipped 2% (Rs 6) to Rs 325, and ONGC ended Rs 6 lower at Rs 804.
ICICI Bank declined 2.1% (Rs 6) to Rs 290. HDFC Bank and SBI, also, declined over a per cent each to Rs 410 and Rs 460, respectively.
Hindalco and Tisco, too, ended with a loss of a per cent each at Rs 1,232 and Rs 285, respectively.
Cipla shed 1.7% (Rs 5) to Rs 275.