The Sensex has rebounded and is now up 37 points at 15,369. The Nifty is up eight points at 4,572.
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(Updated at 1018 hrs)
The Sensex opened with a negative gap of 39 points at 15,293. The index dipped 138 points to a low of 15,194.
The Sensex has recovered and is now down 4 points at 15,327.
DLF has shed 2.5% at Rs 415. Tata Steel and Tata Motors have dropped 2% each to Rs 460 and Rs 407, respectively.
Jaiprakash Associates, Sterlite and SBI have moved down 1.5% each. ICICI Bank, Sun Pharma and Reliance Infrastructure have also declined.
On the other hand, Hero Honda has surged 2.5% to Rs 1,717. Maruti Suzuki, ACC and Mahindra & Mahindra have gained 1.6% each at Rs 1,412, Rs 880 and Rs 836, respectively.
Tata Power and ONGC have moved up marginally.
Meanwhile, the Nifty dropped to a low of 4,521. The index is now flat at 4,559 - down five points.
