Sensex down; ICICI, HDFC Bank fall

Reuters Market Eye - The BSE Sensex is up 0.04 percent, while the Nifty gains 0.15 percent.

IT stocks gain, tracking U.S. labour data suggesting a steady recovery in the world's largest economy.

Infosys Ltd gains 0.8 percent, while HCL Technologies Ltd is up 0.5 percent.

Reliance Industries Ltd gains 0.6 percent, while Oil and Natural Gas Corp Ltd rises 1.3 percent on expectations of additional inflows as both stocks will see an increase in their weightage in FTSE indexes from Monday due to a rebalancing announced last week, dealers say.

(Reporting by Abhishek Vishnoi)