The NSE Nifty is down 15 points at 4,662.
ITC has plunged 2.4% to Rs 217. Wipro has slipped 2.2% to Rs 517. Hindalco has declined around 2% at Rs 178.
Ranbaxy and Tata Steel have shed 1.5% each at Rs 517 and Rs 828, respectively.
ONGC and Maruti have dropped 1.3% each at Rs 941 and Rs 753, respectively.
HDFC and DLF are down over 1% each at Rs 2,365 and Rs 533, respectively.
Bharti Airtel and Cipla have lost 0.7% each to Rs 815 and Rs 209, respectively.
Mahindra and Mahindra have gained 4.2% to Rs 586. BHEL has moved up 2.4% to Rs 1,480.
Reliance Communications advanced over 1% to Rs 553.
HDFC Bank, Tata Motors and Reliance are up 0.8% each at Rs 1,254, Rs 537 and Rs 2,266, respectively.
The market breadth is positive - out of 2,623 stocks traded so far, 1,425 have advanced, 1,110 have declined and the rest are unchanged.
