Markets down; Infosys slips 5%, Ranbaxy sheds 10%

The NSE Nifty is down 24 points at 4,025.

Ranbaxy has slumped 10% to Rs 478. Infosys has plunged over 5% to Rs 1,590, and Satyam has tumbled nearly 4% to Rs 427. TCS is down 3% at Rs 775, and Wipro has slipped 2.8% to Rs 401.

HDFC Bank has shed 3.6% at Rs 1,029. Jaiprakash Associates has dropped 3.3% to Rs 151.

DLF and ICICI Bank are down over 2% each at Rs 443 and Rs 579, respectively.

Tata Steel and Tata Motors have rallied over 2% each to Rs 681 and Rs 408, respectively.

ONGC and Larsen & Toubro have gained 1.5% each at Rs 862 and Rs 2,391, respectively. NTPC is up over 1% at Rs 164.