The market turns volatile. Sensex slipped into the negative and is back in the positive, trading at 19803, up 7 points and Nifty at 5923, down 31 points from the previous close. The market breadth has turned negative with advances at 452 against declines of 755 on the NSE.

GMR Infra to invest Rs 30,000-Rs 40,000 crore by 2010, says A Subba Rao, CFO of the company, on CNBC TV18. GMR Infra to raise Rs 4000 crore via FCBs, money market instruments for Delhi Airport Project, he adds. GMR Energy has 2800 MW plant under development, he says. The stock is currently trading at Rs 246, down 4.4% on the BSE.

Sharekhan has a target price of Rs 4800 for Madras Cement, reports CNBC TV18. The stock is currently trading at Rs 4653, up 4.3% on the BSE.