The Sensex is down 25.38 points at 27709.64 and the Nifty is down 14.10 points at 8384.20. About 404 shares have advanced, 226 shares declined, and 89 shares are unchanged.
Infosys is up 1 percent ahead of announcing its March quarter results. Other gainers are ITC, Tata Motors, Reliance and Tata Steel. Among the losers are HDFC, GAIL, Axis Bank and HUL.
The Indian rupee has opened with marginal gains of 5 paise at 63.27 per dollar against previous day's close of 63.32.
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