Sensex down 40pts, Rel Energy gains 4%

The Sensex is now down only 40 points at 20,424.

Infosys has slipped nearly 2% to Rs 1,720.  TCS, Wipro and Satyam are also weak.

Tata Motors has dropped over 1% to Rs 784.

HDFC Bank is also down 1% at Rs 1,692.

Reliance Energy has moved up nearly 4% to Rs 2,455.

ONGC is up 1% at Rs 1,285.

NTPC, Hindalco and Reliance are also trading with gains.