The Sensex opened 46 points higher at 9,023, and touched a high of 9,087 in early trades. The index, however, has pared gains and slipped into red. The index is now down seven points at 8,970.
The BSE Realty index has gained 2.4% at 1,622, and the IT index has added 1.7% to 2,221. The FMCG index, however, has slipped 1.3% to 1,898.
Jaiprakash Associates has surged 2.7% to Rs 81. TCS and Infosys have rallied 1.7% each to Rs 515 and Rs 1,299, respectively.
Sterlite, DLF and ICICI Bank have gained 1.5% each at Rs 306, Rs 174 and Rs 340, respectively.
HDFC and Sun Pharma have advanced 1.3% each to Rs 1,372 and Rs 1,010, respectively.
Wipro and Reliance Infrastructure are up 1% each at Rs 233 and Rs 485, respectively.
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Hindustan Unilever, however, has plunged nearly 3% to Rs 226.
BHEL and Tata Motors have slipped around 1.5% each to Rs 1,437 and Rs 174, respectively.