The BSE Power, Consumer Durables and Bankex have helped the Sensex to rebound. The index is now up 52 poinst at 14,928.
Power, Consumer Durables and Bankex have helped the index to recover.
Reliance Infrastructure has surged 6% to Rs 1,269. SBI has gained 4% at Rs 1,710.
Tata Power and Reliance Communications have added 3% each to Rs 1,173 and Rs 328, respectively. Jaiprakash Associates and ITC have advanced 2% each.
Mahindra & Mahindra, Ranbaxy, BHEL, DLF, Larsen & Toubro and Tata Motors have also moved up.
Meanwhile, Sterlite has slumped 5% to Rs 632. Wipro has dropped 2.5% to Rs 391. Tata Steel, Grasim, Maruti, ACC, ICICI Bank have slipped 1% each.
The market breadth is neutral. Out of 2,317 stocks traded, 1,121 have advanced while 1,128 have declined.