Sensex up 5pts; ONGC weak

The Sensex is now up five points at 11,471.

Infosys has advanced 1.4% to Rs 1,786. ACC, ICICI Bank, SBI, Cipla and Satyam are the other notable gainers.

ONGC has slipped over 2% to Rs 1,184. Reliance Energy and Hero Honda have dropped 1.5% each to Rs 450 and Rs 696, respectively.

Ranbaxy, Dr.Reddy's and HDFC have declined over 1% each to Rs 403, Rs 1,477 and Rs 1,288, respectively.

Out of 2,418 stocks traded so far, 1,408 have advanced, 940 have declined and the rest are unchanged.