At 10:58 AM, the Nifty stands at 5392,up by 25 pts or 0.4%

The stocks on the rise include SAIL - up by 2.4%, Sterlite - up by 2.4% and Hindalco - up by 1.5%. Tata Steel has seen a surge of 2.7%

Sesagoa is up by 1.9%.

IT stocks are also on the rise. Infosys is up by 0.3%.  Wipro has seen a gain of 1.3% at 413.20.  TCS is up by 0.6%

Ambuja Cements is up by 1.4%. JPAssociates is up by 1.2%.

Axis Bank is down by 1.4% and is trading at 1349.45. HDFC is down by 0.8%.

HDFC Bank is down by 0.9%.