Sensex back to higher levels, up 195pts

The Sensex has moved back to higher levels and is now up 195 points at 10,861.

Tata Steel has zoomed 5.7% to Rs 543. Cipla and Bajaj Auto have rallied around 4.5% each to Rs 234 and Rs 2,906, respectively.

Infosys has advanced 3.6% to Rs 2,937. Larsen & Toubro has surged over 3% to Rs 2,368.

BHEL, Gujarat Ambuja and HDFC are the other major gainers.

The market breadth is fairly positive - out of 2,495 stocks traded so far, 1,765 have advanced, 672 have declined and 58 are unchanged.