The NSE Nifty is down 48 points at 4,299.
ONGC has surged 3.5% to Rs 897. Wipro and Satyam have gained 2% each at Rs 484 and Rs 464, respectively.
HDFC, Infosys and NTPC are up around 1.5% each at Rs 2,219, Rs 1,854 and Rs 165, respectively.
Jaiprakash (JP) Associates has slumped 7% to Rs 155. Larsen & Toubro has plunged 4.8% to Rs 2,442.
Ranbaxy and Hindlaco have shed 4.5% each at Rs 518 and Rs 154, respectively.
Maruti and Mahindra & Mahindra have slipped 3.8% each to Rs 701 and Rs 553, respectively.
ACC, BHEL and Reliance Infrastructure have tumbled around 3% each to Rs 606, Rs 1,365 and Rs 935, respectively.
Reliance has dropped 2.5% to Rs 2,043. Tata Steel has declined over 2% to Rs 761.
The market breadth is still extremely negative - out of 2,562 stocks traded so far, 2,140 have declined, 373 have advanced and 49 are unchanged.
