At 10:48 AM, the Nifty is at 5111, down by 25 pts or -0.49%

Reliance Infra is dwon by over 2.5%. Punj lloyd is down by 2.7%. Suzlon energy is down by 2.6%

Financial stocks are also on the downside.

IDFC is down by 2.5%. IDBI is down by 2.3%.

Reliance Capital is down by 1.5% at 782.

Maruti, from the auto space is down by 2% at 1434.

Unitech and DLF are down by over 1% each.

Among the gainers, Wipro has gained 1.4% to trade at 720. HCL Tech is up by 1.3%. RCOM and HDFC Bank are up by 0.5% each.