Sensex on a roll; ONGC, RIL lead rally

North-bound trend in the market continues as unabated buying, particularly, in old economy stocks has propelled the gains of the index to a high of 6,781. The Sensex has currently flared up 92 points to 6,779, while the Nifty has soared 29 points to 2,122.

ONGC has flared up 3.70% (Rs 32) to Rs 889 on reports of gas find in Krishna Godavari basin. Reliance has advanced 2.27% (Rs 12) to Rs 561, While HLL has jumped 3.10% (Rs 5) to Rs 151. ITC has inched up by a per cent (Rs 10) to Rs 1,350.

SBI is trading higher with a gain of 1.53% (Rs 11) at Rs 717. While ICICI Bank has moved up 1.68% (Rs 7) to Rs 396, HDFC Bank is trading flat at Rs 577.

Bajaj has surged 3.43% (Rs 36) to Rs 1,080, and Hero Honda has added 1.75% (Rs 10) to Rs 560. While Tata Motors has notched up 3.10% gains (Rs 14) to Rs 478, Maruti has gained 1.75% (Rs 8) to Rs 471.

Wipro has gained 2.46% (Rs 17) to Rs 688. Infosys (up Rs 11 to Rs 2,194) and Satyam (up Rs 2 to Rs 399) are exhibiting steady trends.

Cipla has gained 3.54% (Rs 9) to Rs 267. While Ranbaxy has climbed 1.74% (Rs 17) to Rs 1,018, Dr. Reddy's is up Rs 2 at Rs 724.