The Sensex is now at its day's low at 17,146, down 74 points.
The NSE Nifty is at 5,095, down 18 points.
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(Updated at 1112hrs)
The Sensex is swinging zones and is now at 17, 205, down 20 points.
The NSE Nifty is at 5,107, down six points.
DLF has gained around 2.5% to Rs 479. Wipro, TCS and Infosys have advanced 2% each to Rs 597, Rs 634 and Rs 2,224, respectively.
Hindalco, Jaiprakash Associates and Hero Honda have added around 1.5% each.
ICICI Bank has slipped 1.5% to Rs 929. ACC, Tata Steel and HDFC are down 1% each.
The market breadth is fairly positive, out of 1,347 shares traded,1,283 advanced and 988 declined so far on the BSE.
The BSE IT index is up 1% at 4,449.