The Sensex pared gains as it touched a low of 17,179. The index is now up 500 points at 17,230.
The NSE Nifty has gained 133 points at 5,033.
HDFC [Get Quote] has zoomed 9% to Rs 2,705.
Bajaj Auto [Get Quote], SBI [Get Quote] and Hindalco [Get Quote] have soared over 6% each to Rs 2,190, Rs 2,292 and Rs 160, respectively.
NTPC and Grasim [Get Quote] have surged over 5.5% each to Rs 208 and Rs 3,019, respectively.
ICICI Bank [Get Quote], Reliance Communications [Get Quote] and BHEL have rallied around 5% each to Rs 1,184, Rs 603 and Rs 2,080, respectively.
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