The Sensex has moved back into the positive zone and is now up 136 points at 15,209.
The NSE Nifty is up 37 points at 4,555.
Tata Motors and Mahindra & Mahindra (M&M) have rallied around 4% each to Rs 444 and Rs 584, respectively.
HDFC has surged 3% to Rs 2,468. Tata Steel, Sterlite and Maruti have advanced 2.8% each to Rs 664, Rs 605 and Rs 671, respectively.
Satyam, Reliance Infrastructure and NTPC have moved up around 2% each to Rs 416, Rs 1,031 and Rs 184, respectively.
HDFC Bank has added 1.8% to Rs 1,239. DLF, ONGC, Hindalco and Wipro are up over 1% each at Rs 552, Rs 1,028, Rs 143 and Rs 458, respectively.
Bharti Airtel has dropped nearly 3% to Rs 845. ACC has shed 1.8% at Rs 626.
BHEL, Grasim and Reliance Communications are down around 1% each at Rs 1,807, Rs 2,019 and Rs 442, respectively.
