The Sensex is now up 319 points at 15,487.
The NSE Nifty is up 79 points at 4,609.
Jaiprakash Associates has zoomed 7.5% to Rs 197.
ICICI Bank has soared 5% to Rs 766. SBI and Maruti have surged 4.5% each to Rs 1,590 and Rs 710, respectively.
Reliance Communications and Reliance Infrastructure have rallied 4% each to Rs 456 and Rs 1,073, respectively.
HDFC Bank, DLF and Reliance have advanced over 3% each to Rs 1,321, Rs 566 and Rs 2,322, respectively.
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ONGC, Larsen & Toubro and HDFC are up around 2% each at Rs 1,087, Rs 2,890 and Rs 2,561, respectively.
Sterlite and TCS have sliped around 1.5% each to Rs 629 and Rs 830, respectively.
Out of 2,677 stocks traded so far, 1,735 have advanced, 864 have declined and 78 are unchanged.