Markets have started to recover. The Sensex is down 80 points at 16,184. The Nifty is down 28 points at 4,801.
Sterlite has dropped further and is now down 3.7% at Rs 718. Hindalco has shed 2.5% to Rs 121.
ONGC, DLF, ACC and Reliance Communications have slipped 1.5% each. Tata Motors, ICICI Bank, Grasim, Reliance Infrastructure, HDFC and Bharti Airtel are down 1% each.
Meanwhile, SBI has gained 1.7% at Rs 1,952. Jaiprakash Associates, Hindustan Unilever, Tata Steel and Wipro have added 1% each.
The market breadth has turned positive. Out of 2,567 shares traded 1,313 have advanced while 1,182 have declined.
