The Sensex is exhibiting range-bound movement and is now down 50 points at 8,690.
Tata Steel has zoomed 7.5% to Rs 160. SBI has soared 4% to Rs 1,082.
DLF has surged 3.6% to Rs 189. ICICI Bank has rallied 3% to Rs 334.
Jaiprkash Assocaites has moved up 2.5% to Rs 59. Reliance Infrastruce and Maruti have advanced over 2% each to Rs 504 and Rs 470, respectively.
Wipro has slumped 3.5% to Rs 225, and Infosys has plunged over 3% to Rs 1,172.
Bharti Airtel has shed 2.5% at Rs 655. ONGC and Satyam have slipped over 2% each to Rs 649 and Rs 228, respectively.
The market breadth is fairly positive - out of 1,879 stocks traded so far, 1,064 have advanced, 759 have declined and the rest are unchanged.
