The Sensex has rebounded and is now up 18 points at 16,799. The Nifty is up four points at 4,990.
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(Updated at 1246 hrs)
The Sensex touched into green but was unable to hold gains. The index has once again slipped into the red to 16,771 - down nine points.
The Nifty is flat at 4,985.
Sun Pharma has gained 2% at Rs 1,248. DLF has added 1.7% to Rs 432.
Reliance, Maruti Suzuki and NTPC have moved up 1% each to Rs 2,129, Rs 1,651 and Rs 215, respectively.
However, TCS and Bharti Airtel have dropped 1.5% each to Rs 590 and Rs 413, respectively.
Infosys, Hindalco and ICICI bank are down 1% each.
The market breadth is positive. Out of 2,643 stocks traded 1,794 have advanced while 785 have declined.
