Markets recover from day's lows; Ranbaxy up 3%

The Sensex has recovered from the lows and is now trading at 9278, 50 points lower than Friday's close.

The Nifty is now trading at 2845, 12 points lower.

Satyam is now trading 7.6% higher at Rs 146, Ranbaxy is up 3% to Rs 223.50. Hindalco is up 1.34% to Rs 49.20. ITC,Grasim, RCom and Reliance Industries are trading in the green.

Tata Motors is down 6% to Rs 146. M&M has declined 4.75% to Rs 253, while Maruti is down 3.44% to Rs 493. Wipro, DLF and Infosys have declined 3.4% each. Sterlite has lost 2.1% to Rs 244.