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Markets in green.

Markets opened higher on the back of global shares but has now dipped into the red. The Sensex is down 17 points at 17,766. Nifty is down 9 points at 5,377.

BSE oil & gas index has gained in morning trades with 0.6% jump at 8,448. Consumer durables, FMCG and auto indices are also in green. However, some weakness can be seen in capital goods, metal and banking shares.

Mahindra & Mahindra has gained 1.7% to Rs 776. Market heavyweight, Reliance is up 1.2% at Rs 792. BHarti AIrtel has added 1.2% to Rs 251.

Meanwhile, Jindal Steel, Sterlite and Hindalco from the metal pack are down 1-2% each. Tata Motors is down 0.7% at Rs 244.

Larsen & Toubro has slipped 1% at Rs 1410. Ravi Uppal, president of the power division at Larsen & Toubro Ltd, is leaving the firm, said two people with knowledge of the matter.

HCL Infosystems has dipped 5% at Rs 36.85 on reporting 83% year-on-year drop in consolidated net profit



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