The NSE Nifty is now at 4,475, and the BSE Sensex is now at 15,076, up 233 points.
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(Updated 1203 hrs)
The NSE Nifty slipped into a low of 4,454, down 47 points from day's high of 4,501. However the index has now recovered to 4,469, up 70 points.
Sterlite has rallied nearly 4.5% to Rs 627. Hindalco has surged 3.5% to Rs 88.
ITC and HCL have advanced 3.5% each to Rs 226 and Rs 223, respectively.
Jindal Steel and Idea have gained nearly 3% each to Rs 2,870 and Rs 76, respectively.
DLF, Siemens, Axis Bank, Reliance Communications, SAIL and Maruti have added 2.5% each.
GAIL, Reliance Infrastructure, Unitech and Tata Motors are up over 2% each
However, Sun Pharma, Bharti Airtel and Ambuja Cement are the losers.
The BSE Sensex is at 15,058, up 215 points.
The market breadth is fairly positive - out of 2,348 stocks, 1,471 have advanced and 779 have declined.
