Sensex volatile

The Sensex is exhibiting volatile movement. The index is now at 16,243, up 59 points.

The NSE Nifty is now at 4,826, up 12 points.

Hero Honda has slipped over 3% to Rs 1,577. DLF, Mahindra & Mahindra have declined 1.5% each to Rs 413 and Rs 825, respectively.

Among the Nifty losers, Cairn India and Hindalco have shed nearly 3% each to Rs 262 and Rs 117, respectively.

ICICI Bank is the top gainer among the frontliners. The scrip has surged 3.5% to Rs 819.

Sterlite and Tata Steel have rallied 3.5% each to Rs 773 and Rs 475, respectively.

Tata Motors and Infosys have advanced over 2% each to Rs 569 and Rs 2,240, respectively.

BHEL, Bharti Airtel, Reliance Communications, HDFC Bank have gained over 1% each.

Among the Nifty stocks, Siemens has gained nearly 4% to Rs 527.