National Stock Exchange's Nifty breached crucial technical support of 3,600 but managed to crawl back at 3,607, down 210.75 points or 5.52 per cent. The index touched a low of 3,597 in trade so far. All the 30 components of the Sensex are in the red with index heavyweights like Reliance Industries, Infosys, Tata Steel and L&T are among the major laggards.
Reliance Communications has tumbled over 9 pc to Rs 303, and Tata Steel has crashed 8.5 pc to Rs 360. BHEL has dropped 7 pc to Rs 1,458. TCS and Infosys have slipped over 6 pc each to Rs 616 and Rs 1,305, respectively. Satyam has declined 5.5 pc to Rs 297. Ranbaxy and ICICI Bank are down 5 pc each at Rs 251 and Rs 480, respectively.