The Sensex index is trading with gains of close to 200 points, taking the index to 80,600. The Nifty Bank index is up over 150 points as well, as it looks to regain the 55,000 mark.
When we look at the broader market, the Nifty Midcap 100 index is up over 350 points, after suffering major losses. The Nifty smallcap index is up 100 points.
HUL stocks are down over 2% after the company's business update for the second quarter.
Some of the biggest gainers among the Nifty 500 stocks include Sammaan Capital, Wockhardt Pharma, Usha Martin, Hindustan Copper, Home First Fin among other stocks.
Watch this space for all the live updates.