Sensex recovers partially; breadth fairly +ve

The Sensex has recovered partially and is now down 61 points at 9,557. Earlier in the day, the index opened 60 points lower at 9,559, touched a high of 9,574, and then slipped to a low of 9,487.

Ranbaxy has plunged nearly 3% to Rs 215. Infosys has shed 2.5% at Rs 1,270.

Jaiprakash Associates and Bharti Airtel have dropped over 2% each to Rs 75 and Rs 659, respectively.

ONGC, Maruti and Sterlite have also slipped 2% each to Rs 693, Rs 620 and Rs 269, respectively.

ICICI Bank has declined 1.6% to Rs 428. Reliance, Tata Steel and BHEL are down 1.3% each at Rs 1,365, Rs 188 and Rs 1,429, respectively.

DLF has surged over 4% to Rs 157. Mahindra & Mahindra has gained 2.5% at Rs 288.

Reliance Infrastructure has moved up 2% to Rs 552. SBI and Reliance Communications are up over 1% each at Rs 1,172 and Rs 175, respectively.

The market breadth is fairly positive - out of 2,087 stocks traded so far, 1,272 have advanced, 725 have declined and the rest are unchanged.