Sensex marginally up in volatile trade

The Sensex continues to display high volatility and is now up 22 points at 8,220.

Earlier in the day, the index opened 94 points lower at 8,104, and soon touched a low of 8,047. The index, thereafter, rebounded and rallied to a high of 8,265.

Ranbaxy has slumped over 4% to Rs 138. Maruti has tumbled 2.8% to Rs 649.

Hindustan Unilever has slipped over 2% to Rs 225. ITC has shed 1.3% at Rs 165, and DLF is down 1% at Rs 145.

Hindalco and HDFC have surged 2.7% each to Rs 39 and Rs 1,180, respectively.

Jaiprakash Associates and Wipro have rallied 2.5% each to Rs 68 and Rs 211, respectively.

ONGC and Reliance Communications have gained 2% each at Rs 667 and Rs 138, respectively.

Mahindra & Mahindra and NTPC have advanced 1.7% each to Rs 317 and Rs 176, respectively.

BHEL and Larsen & Toubro have added 1.5% each to Rs 1,304 and Rs 577, respectively.

The market breadth continues to remain fairly negative - out of 2,340 stocks traded, 1,496 have declined, 749 have advanced and the rest are unchanged.