The Sensex has rallied smartly and is now up 193 points at 11,160. Earlier in the day, the index opened 162 points lower at 10,805. The index soon dropped to a low of 10,719, and thereafter rebounded into the positive zone.
Tata Motors has zoomed 13.5% to Rs 286. Mahindra & Mahindra has soared 7% to Rs 481.
BHEL has surged over 6% to Rs 1,621. Hindalco has gained 5.5% at Rs 63.
Ranbaxy, DLF and Tata Steel have rallied around 5% each to Rs 198, Rs 245 and Rs 297, respectively.
Grasim, Jaiprakash Associates and Reliance Communications have advanced over 4% each to Rs 1,632, Rs 122 and Rs 228, respectively.
Infosys has plunged over 4% to Rs 1,351. TCS has dropped over 3% to Rs 572.
HDFC Bank and Wipro are down over 1% each at Rs 1,082 and Rs 266, respectively.
The market breadth is fairly significant - out of 2,554 stocks traded so far, 2,095 have advanced, 407 have declined and the rest are unchanged.
