Markets sideways; Nifty up 22pts

The markets are now exhibiting sideways movement, after initial volatility.

The NSE Nifty is now at 4,546, up 22 points.

Suzlon and Idea have gained nearly 5% to Rs 101.

Tata Motors, Maruti and Sterlite have advanced 3.5% each to Rs 353, Rs 1,345 and Rs 655, respectively.

Tata Steel and Ranbaxy have added nearly 3% each to Rs 427 and Rs 282, respectively.

Reliance Power, Mahindra & Mahindra, Unitech, BHEL and DLF are up over 2% each.

SAIL have declined over 2% to Rs 169.

Ambuja Cement, ITC, Cipla and ONGC have shed 1.5-2% each.

The Sensex is now at 15,311, up 80 points.

The market breadth is fairly positive - out of 2,193 stocks, 1,447 have advanced and 670 have declined so far.