Benchmark indices were flat in opening trade amid rising bond yields and vote counting in Karnataka.
The 30-share BSE Sensex was up 7.33 points at 35,564.04 and the 50-share NSE Nifty fell 9.80 points to 10,796.80.
HUL gained 2 percent following 11 percent volume growth in Q4.
Indiabulls Housing Finance, Yes Bank, HDFC Bank,
Axis Bank, Kotak Mahindra Bank, Reliance Industries, SBI, PNB, Bank of Baroda, Bajaj Finance, Adani Ports, NTPC, HCL Tech, Bharti Infratel and ICICI Bank were under pressure.
Nifty Midcap index was down 72 points.
PC Jeweller, Balrampur Chini, HDFC Standard Life, Adani Power, Praj Industries, Allahabad Bank and IDBI Bank were down up to 8 percent.
BEML, Dr Lal PahLabs, Fortis Healthcare, Bombay Dyeing, KEC International, JK Paper, Balaji Amines and InterGlobe Aviation gained up to 5 percent.
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