The 30-share BSE Sensex rose 1.83 points to 38,724.76 while the 50-share NSE Nifty fell 1.40 points to 11,690.50. Vedanta, Sun Pharma, UPL, Coal India, Cipla, Wipro and ITC are early gainers.
HPCL, BPCL, IOC, SBI, Kotak Mahindra Bank, Yes Bank, Reliance Industries, ICICI Bank and Maruti Suzuki are under pressure. Nifty Midcap was up 17 points.
Dena Bank, Corporation Bank, Punjab & Sind Bank, Greaves Cotton, Laurus Labs, NFL and NALCO gained 3-8 percent.
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