The Sensex is now up 116 points at 9,700. Earlier in the day, the index opened flat at 9,590, and touched a low of 9,558. The index, thereafter, has rebounded into the positive zone.
DLF has soared 7% to Rs 150. Mahindra & Mahindra has surged 4.5% to Rs 287.
Reliance Communications (RCom) has rallied 4% to Rs 173, and HDFC Bank has gained 3.8% at Rs 954.
HDFC has advanced nearly 3% to Rs 1,534. SBI, Ranbaxy and Maruti have moved up 2.7% each to Rs 1,179, Rs 234 and Rs 610, respectively.
Reliance Infrastructure has advanced 2.5% to Rs 592. ICICI Bank, Larsen & Toubro, BHEL and Tata Power are up around 2% each.
Bharti Airtel and Hindalco are down 1% each at Rs 659 and Rs 45, respectively.
The market breadth is fairly positive - out of 2,251 stocks traded so far, 1,411 have advanced, 749 have declined and the rest are unchanged.
