Markets turned volatile in a narrow range in noon trades. However, the Sensex has regained strength and has touched a high of 17,719 - up 145 points.
The Nifty is up 46 points at 5,315.
Reliance Communications has gained 4.5% at Rs 201. ONGC has surged 3% to Rs 1,304. Reliance has added 2% to Rs 1,084.
Reliance Infrastrcuture has added 2% to Rs 1,190. Tata group of stocks are up. Tata Motors and Tata Steel have added 1.5% each to Rs 782 and Rs 497, respectively. Tata Power is up 1% at Rs 1,318.
Bharti Airtel has gained 1.3% at Rs 266. BHEL, Mahindra & Mahindra and Larsen & Toubro are among some of teh other gainers.
However, ITC continues to trade soft. The stock is down 1.5% at Rs 298.
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Hero Honda, Jindal Steel and Maruti Suzuki are down marginally.
The BSE market breadth is positive. Out of 2,896 stocks traded, 1,773 have advanced while 1,026 have declined.