The Sensex has extended gains and is now up 122 points at 9,690. Earlier the day, the index opened 65 points higher at 9,633, and soon touched a high of 9,739. The index thereafter slipped into red to 9,547 - down 192 points from the day's high.
Tata Steel and Tata Motors have surged nearly 5% each to Rs 206 and Rs 181, respectively. Jaiprakash Associates has rallied 4.7% to Rs 82.
Reliance Communications has gained 4.3% at Rs 175, and Reliance Infrastructure has added 4% to Rs 523.
Mahindra & Mahindra, ITC and Bharti Airtel have advanced nearly 3% each to Rs 381, Rs 184 and Rs 626, respectively.
Larsen & Toubro, Ranbaxy and Infosys have moved up around 2.5% each to Rs 667, Rs 162 and Rs 1,328, respectively.
Reliance, ACC and SBI are up 2% each at Rs 1,546, Rs 576 and Rs 1,041, respectively.
Also Read
HDFC has shed 1.6% at Rs 1,427. ICICI Bank has slipped 1% to Rs 334.
The market breadth is positive - out of 2,048 stocks traded so far, 1,184 have advanced, 773 have declined and the rest are unchanged.