The Sensex has extended gains and is now up 307 points at 9,378. The index after opening 137 points higher at 9,208, has displayed firm trend so far.
Sterlite has soared nearly 6.5% to Rs 280. Tata Steel and Infosys have surged 6% each to Rs 215 and Rs 1,303, respectively.
Reliance and TCS have gained 5.7% each at Rs 1,143 and Rs 552, respectively.
Reliance Infrastructure and Jaiprakash Associates have rallied over 5% each to Rs 501 and Rs 70, respectively.
ICICI Bank has gained 4.7% at Rs 446. Hindalco and Reliance Communications have moved up nearly 4% each to Rs 51 and Rs 174, respectively.
Mahindra & Mahindra and Bharti Airtel are up 3.5% each at Rs 315 and Rs 628, respectively.
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Sun Pharma, however, has declined over 1% to Rs 1,121.
The market breadth is fairly positive - out of 2,018 stocks traded so far, 1,246 have advanced, 693 have declined and the rest are unchanged.