The Sensex has not been able to recover and is now down 47 points at 16,838. The Nifty is down 14 poinst at 5,006.

Jaiprakash Associates has plunged 5% to Rs 237.

BSE  |  NSE Price

Also Read   Related Stories News Now - Jaiprakash tumbles on treasury sale - Jaiprakash Associates tops combined value chart - Asian markets in red; Hang Seng drops 93pts - Nifty struggling at 5,000 - Markets slip into red, recover - FIIs net buyers Rs 51cr in F&O on Tuesday

Also Read   Related Stories News Now - Markets post worst May performace since 2006 - Kavveri Telecom Q4 net declines over 6% - Wall Street opens flat on economy worries - RIM to set up first BlackBerry innovation zone in India - Rajaratnam bragged about sources of inside info: Gupta lawyers More

Tata Power and Reliance Infrastructure have shed 1.5% each to Rs 1,296 and rs 1,228, respectively. Larsen & Toubro, Infosys and Hindustan Unilever have moved down over 1% each.

Meanwhile, Sterlite continues to hold gains and is now up 2.5% at Rs 778. HDFC Bank has added 2% to Rs 1,575.

The market breath continues to negative. Out of 2,661 stocks traded 1,492 have declined while 1,084 have advanced.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets post worst May performace since 2006 - Kavveri Telecom Q4 net declines over 6% - Wall Street opens flat on economy worries - RIM to set up first BlackBerry innovation zone in India - Rajaratnam bragged about sources of inside info: Gupta lawyers

Tags : Sensex | stock market | SBE | NSE   Read Business news in  Advertisements -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  "Discover The Power of One" -  Help a Child Achieve her. Click to know more -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  One Partnership Endless Possibilities. Click here to know more -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More