The BSE Sensex is now at 15,364, down 14 points and the NSE Nifty is at 4,565, down three points.
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(Updated 1115 hrs)
The BSE Sensex after paring gains now moved up and is rangebound. The Sensex is now at 15,420, up 41 points.
DLF has surged 4.5% to Rs 411. Hindustan Unilever and Tata Steel have gained 3.5% each at Rs 292 and 454, respectively.
Jaiprakash Associates has advanced nearly 3% to Rs 248.
Tata Power, Reliance Communications and Bharti Airtel have added 2.5% each at Rs 1,202, Rs 283 and Rs 425, respectively.
BHEL, Sterlite, Infosys, HDFC and NTPC are up 1-1.5% each
Reliance has declined over 4% to Rs 1,930.
Hero Honda and Tata Motors have shed 1-2% each.
The NSE Nifty is now at 4,593, up 25 points. Other prominent gainers in Nifty are HCL Technologies is up 5.5% at Rs 247. Axis Bank and Jindal Steel have advanced 3.5% and 2.5%, respectively.
The market breadth is fairly positive - out of 2,300 stocks, 1,535 have advanced and 698 have declined.