While buying remains steady in Reliance and other select old economy stocks, fresh gains in the ONGC counter following dividend announcment has seen the index steadily move up in the afternoon trades.The Sensex, as a result, is now up 45 points at 6,487. The Nifty is steady at 2,057 - up 12 points.Reliance continues to trade at its earlier levels at Rs 515 - up Rs 9 or 1.83%. While ITC is trading on a flat note at Rs 1,297, HLL is trading with a rupee loss at Rs 144.ONGC has moved up 1.62% (Rs 14) to Rs 857, after its board announced a 200% payout for the financial year 2004-05. While HPCL has advanced nearly 3% (Rs 11) to Rs 386, L&T is up 1.17% (Rs 11) at Rs 987.ICICI Bank is largely unchaged from its earlier gain of 2.53% (Rs 9) at Rs 373. While HDFC Bank is trading off-highs with a gain of 1.11% (Rs 6) at Rs 498, SBI is trading a tad higher at Rs 610.ACC is trading higher with a gain of 1.64% (Rs 5) at Rs 322. Other cement stocks are up with modest gains.Infosys (down Rs 12 to Rs 2,054) is trading in a narrow range. Wipro and Satyam are still up a per cent each at Rs 755 (up Rs 7) and Rs 406 (up Rs 4), respectively.India Cement is trading firm with a gain of 6.64% (Rs 4) at Rs 59. While Videocon has mopped up 6.23% gains (Rs 4) to Rs 72, Bharat Forge has added 5.79% to Rs 1,135. Hind Zinc, Syndicate Bank, CESC, Hughes, Ispat, IndusInd Bank and SKF are trading higher between 3-5%.Ispat, with over 76.95 lakh shares traded on the BSE, is leading the volume table, followed by Tata Chemicals (33.87 lakh), India Cement (23.30 lakh) and Sail (22.74 lakh), respectively.Balrampur Chini at Rs 540, Essar at Rs 29, GHCL at Rs 36, Kirloskar at Rs 702, Sesa Goa at Rs 1,111 and Rajshri Sugar at Rs 52 are trading at their new highs.
