The market has sprung into action as the Sensex is up 125.79 points at 27827.58. The Nifty is up 33.30 points at 8357.30. About 1031 shares have advanced, 486 shares declined, and 54 shares are unchanged.
Axis Bank, Bajaj Auto, Tata Motors, BHEL and Infosys are up 1 percent each. Among the losers are Dr Reddy's Labs, Hindalco, Wipro, Coal India and Reliance.
The Indian rupee opened marginally lower at 63.30 per dollar against the previous closing of 63.25.
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