ICICI Bank is up 1% at Rs 980.
HDFC and HDFC Bank have shed 1.7% each to Rs 1,959 and Rs 1,195, respectively.
Mahindra & Mahindra has slipped 1.5% to Rs 809. BHEL, SBI, Bajaj Auto and Reliance Communications are the other major losers.
The market breadth was turned negative - out of 2,649 stocks traded so far, 1,338 have declined, 1,232 have advanced and 79 are unchanged.