Markets volatile, recover from red

The markets have recover after slipping into negative terrain for the second time since morning trades. The NSE Nifty is now at 4,535, up eight points.

Ambuja Cement has declined over 3% to Rs 94.

SAIL, Reliance Infrastructure and HDFC have shed 2.5% each to Rs 169, Rs 1,138 and Rs 2,392, respectively.

ITC, Reliance, Cipla, ICICI Bank and SBI have shed 1.5% each.

Maruti, Tata Motors, Tata Steel and Suzlon have gained over 3% each.

Sterlite and Hindalco have added 2.5% each.

The Sensex is now at 15,256, up 25 points.

The market breadth is fairly positive - out of 2,470 stocks, 1,389 have advanced and 990 have declined so far.