The Sensex continues to gyrate between zones and is now down 19 points at 14,638.
The NSE Nifty is down six points at 4,407.
ICICI Bank has rallied 2.5% to Rs 658, and Satyam has surged over 2% to Rs 400.
Reliance Communications and Reliance Infrastructure have moved up 2% each to Rs 446 and Rs 1,030, respectively.
Infosys has gained 1.7% at Rs 1,668. Maruti, SBI and Tata Power have advanced around 1.5% each to Rs 569, Rs 1,522 and Rs 1,132, respectively.
ACC, HDFC Bank and Hindalco are up over 1% each at Rs 584, Rs 1,119 and Rs 142, respectively.
TCS has shed 2% at Rs 823. HDFC has dropped 1.7% to Rs 2,362.
Reliance and Sterlite are down 1.3% each at Rs 2,271 and Rs 625, respectively.