Sensex exhibits volatility

The Sensex has continued to exhibit volatile traits and is now down 19 points at 16,939. The Nifty is down nine points at 5,018.
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(Updated at 1338 hrs)

The Sensex is exhibiting extreme volatility and is now at 16,941, down 18 points.

The NSE Nifty is at 5,022, down five points.

Sterlite has advanced 5% to Rs 814. Jaiprakash Associates has added 3.5% to Rs 239.

Hindalco, BHEL, Tata Steel and Tata Motors have increased 1-3% each.

TCS and Wipro have declined over 3% each to Rs 592 and Rs 580, respectively.

Maruti and Infosys have dropped over 2.5% each to Rs 1,549 and Rs 2,248, respectively.

Reliance Communications, Bharti Airtel, Grasim Industries, Hindustan Unilever and ICICI Bank are down 1-2% each.

The market breadth is fairly positive, out of 2,705 shares traded, 1,606 advanced and 998 declined so far on the BSE.