The Sensex continues to remain strong on the back of buying in the banking and the metal stocks.
The index is now at 14,648, up 126 points.
The BSE Bankex and the Metal indices lead the rally so far. They are up over 2% each at 8,293 and 11,272, respectively.
ICICI Bank has soared 4.5% to Rs 745. Jaiprakash Associates has added 4% to Rs 208.
Reliance Communications has gained 3% at Rs 315.
Sterlite, ACC, DLF, Hindalco, Larsen & Toubro, Tata Steel, HDFC and ITC are up 2-2.5% each.
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ONGC has slipped 2% to Rs 990.
Reliance, NTPC and Sun Pharma are down over 1% each.
The market breadth remains positive- out of 2,228 shares traded, 1,395 have advanced and 752 have declined so far on the BSE.