Infosys Technologies was down 1% to 1,550 rupees, TCS slid 2.5% to 850.10 rupees, Wipro shed 0.9% to 416.30 rupees, and Satyam Computers lost 2.5% to 427 rupees.

Reliance Update

Reliance Power surged 7% to 411.45 rupees. The company said on Sunday its board would meet on Sunday to decide bonus ratio.

The bonus shares will be issued to non-promoter shareholders to compensate the losses suffered by them when the company was listed last week since then the stock has been trading at a discount to IPO price of 450 rupees, since its listing on February 11, 2008.

Reliance Industries was down 1.75% to 2,548 rupees on 4.51 lakh shares. Reliance Energy shed 1.4% to 1,685.95 rupees.