Sensex bounces back into green

The BSE Sensex has rebounded and is now at 16,245, up 28 points. The NSE Nifty is now at 4,822, up three points.
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(Updated 1439 hrs)

The BSE Sensex is now at 16,139, down 77 points. The NSE nifty is now at 4,796, down 22 points

Hindalco has advanced 4% to Rs 121. ICICI Bank, Bharti Airtel and Wipro are up over 1% each.

Sterlite slipped 4% to Rs 735. Tata Motors and Jaiprakash Associates have declined 3% each to Rs 546 and Rs 226, respectively.

Maruti, DLF, ACC, Hindustan Unilever and Hero Honda are down over 2% each to Rs 1,453, Rs 398, 771, Rs 256 and Rs 1,550, respectively.