The NSE Nifty is up 46 points at 5,046.
Bharti Airtel has zoomed over 7% to Rs 904. Reliance Communications has soared 4.4% to Rs 556.
Mahindra & Mahindra has moved up 1.8% to Rs 641. Satyam and ICICI Bank have advanced over 1.5% each to Rs 447 and Rs 889, respectively.
HDFC Bank has added 1.3% to Rs 1,465.
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DLF has dropped 2% to Rs 662. Hindustan Unilever has slipped 1.4% to Rs 246, and Jaiprakash Associates is down over 1% at Rs 244.