Around 1225 hrs IST, the benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 14,962.12 points, was ruling at 14,400.54 points - 512.51 points or 3.44 percent lower than Friday's close.
Stockbrokers on Monday expressed disappointment over the Budget.
Jaipal Reddy says reviving real estate was important for the country's economy.
21 foreign investment proposals were approved by the govt on Wednesday.
56 per cent Indians are confident that the Indian economy will recover.
Crude oil prices are ruling at USD 71-72 a barrel, a seven-month high.
URBANEYE