Markets have recovered and are trading at the day's high. The Sensex is up 117 points at 16,333. Nifty is up 35 points at 4,943.
According to latest news, A Raja, accused in the 2G scam case, has just been granted bail. He has to pay two sureties of Rs 10 lakh each.
Meanwhile, in Asia, Nikkei has slipped 0.8% at 8,901 with investors fretting about the possibility of a Greek exit from the euro zone. However, Hang Seng has added 0.8% to 19,907.
BSE capital goods index has gained 2.7% to 9,083. Metal, IT and realty indices have added around 1% each. However, BSE consumer durables and auto indices continue to languish in red.
Larsen & Toubro has added 4.7% to Rs 1215. L&T on Monday said it expected a 15-20 per cent growth in order inflow and revenue in the current financial year, as the company reported a 13 per cent jump in net profit to Rs 4,456 crore for 2011-12, despite slower order wins.
DLF, Hero MotoCorp, Jindal Steel and Tata Steel have added 2% each. AMong other gainers are ICICI Bank and Infosys.
However, NTPC has slipped into the red - down 2% at Rs 145. Maruti Suzuki and Bharti Airtel are down 1-2% each.
BSE market breadth is neutral. Out of 2,469 shares traded, 1,174 shares advanced and 1,160 declined.