Indian Stock Markets have slipped further. NSE Nifty has broken 5600 and has touched a low of 5596.30 at 2.18 pm. BSE Sensex lost 580 points and has just broken 18700 level.

Satyam Computers and HCL Tech are two stocks in technology sector which is holding strong. Infosys has not lost much in terms of percentage as the technology stocks have been subdued for many trading sessions.

Reliance has lost nearly 2%. Reliance Energy is also trading with a loss of 3.7%. VSNL has lost 5.2% while MTNL is down by 4.8%.

Pharmaceutical counter Ranbaxy labs has broken Rs 400 level. Mid-Cap stock GMR infra has also lost 6%. The stock has been rising on back on positive news and fund buying. Punj Lloyd, another favorite stock of traders has lost 5.7%. The stock is currently trading at Rs 477.