The NSE Nifty is up 56 points at 5,056.
Bharti Airtel has zoomed 6.4% to Rs 898. Reliance Communications has soared 5% to Rs 560.
Wipro has surged 3% to Rs 463. SBI, HDFC and HDFC Bank have advanced over 1.5% each to Rs 1,710, Rs 2,628 and Rs 1,468, respectively.
Satyam and NTPC have gained 1.3% each at Rs 445 and Rs 193, respectively.
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Ranbaxy, Mahindra & Mahindra and ICICI Bank are up over 1% each at Rs 481, Rs 637 and Rs 885, respectively.
DLF and Jaiprakash Associates have slipped 1.3% each to Rs 666 and Rs 244, respectively.