<b>New High:</b> Sensex up 432pts; SBI up 5%

The Sensex is now up 432 points at 19,203.

Larsen & Toubro has zoomed over 11% to Rs 3,840. SBI has soared 5.3% to Rs 2,047.

BHEL has surged 4.5% to Rs 2,393, and Mahindra & Mahindra has gained 3.8% at Rs 802.

Tata Steel has rallied 3.5% to Rs 1,023. ACC and Satyam have advanced 3% each to Rs 1,092 and Rs 474, respectively.

ONGC has moved up 2.8% to Rs 1,145. TCS has added 2.4% to Rs 1,075.

Reliance Communications, Tata Motors and Maruti are up over 2% each at Rs 767, Rs 810 and Rs 1,183, respectively.

Hindustan Unilever has slipped over 1% to Rs 218.

Out of 2,737 stocks traded so far, 1,787 have advanced, 891 have declined and 59 are unchanged.