The Sensex is now at 14,417, up 72 points.
The BSE Capital Goods index is up 2% at 12,848.
Larsen & Toubro and ICICI Bank have gained over 3% each at Rs 1,577 and Rs 720, respectively.
Sterlite has advanced 2.5% to Rs 592. ACC, DLF, Reliance Communications and BHEL are up 1.5% each.
Sun Pharma has tumbled 12% to Rs 1,144.
Tata Steel has slipped 4% to Rs 381.
Ranbaxy has dropped 2.5% to Rs 260 and Tata Motors has slipped 2% to Rs 331.
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The market breadth is still positive- out of 2,322 shares traded, 1,382 have advanced and 862 have declined so far on the BSE.
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