The Sensex is now up 16 points at 16,364.Bharti Airtel has surged 3% to Rs 918.Reliance Communications, Reliance Energy and Grasim have rallied over 2% each to Rs 580, Rs 1,010 and Rs 3,448, respectively.SBI has advanced 1.7% to Rs 1,790. ACC has gained 1.5% at Rs 1,154, and Bajaj Auto has added 1.3% to Rs 2,531.Hindustan Unilever, Maruti and ONGC are the other prominent gainers.Satyam and TCS have slipped over 2% each to Rs 412 and Rs 981, respectively.Infosys and Hindalco have dropped around 1.5% each to Rs 1,772 and Rs 160, respectively.ITC is down over 1% at Rs 192. Cipla and Wipro are the other notable losers.