The Sensex is now down 76 points at 8,664.
Tata Steel has zoomed over 8% to Rs 161. Maruti and SBI have surged over 4% each to Rs 480 and Rs 1,084, respectively.
DLF has rallied 3% to Rs 187. Jaiprkash Assocaites and Reliance Infrastruce have moved up 2.5% each to Rs 59 and Rs 505, respectively.
Sterlite has advanced over 2% to Rs 236. ICICI Bank has moved up 1.8% to Rs 330.
Larsen & Toubro and Tata Motors have added 1.5% each to Rs 689 and Rs 130, respectively.
Wipro has slumped 5% to Rs 221, and Infosys has plunged 4.5% to Rs 1,155.
Hindalco has dropped over 3% to Rs 50. Satyam has shed 2.6% at Rs 227.
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Bharti Airtel and Reliance Communications have slipped 2% each to Rs 657 and Rs 188, respectively.
ONGC, Mahindra & Mahindra, NTPC and ITC are down nearly 2% each.
The market breadth is fairly positive - out of 1,966 stocks traded so far, 1,066 have advanced, 830 have declined and the rest are unchanged.