Sensex rebounds, up 20pts; RIL gains 2%

The Sensex has rebounded into the positive zone and is now up 20 points at 19,805.

ITC has surged 2.5% to Rs 194. Dr.Reddy's and Reliance have moved up 1.7% each to Rs 610 and Rs 2,918, respectively.

Grasim, Reliance Energy and ACC are up over 1% each.

Satyam and Ranbaxy have shed 2.3% each to Rs 419 and Rs 414, respectively.

ICICI Bank and HDFC Bank have slipped 1.7% each to Rs 1,227 and Rs 1,670, respectively.

Infosys, BHEL, Tata Steel, Wipro and Hindustan Unilever are down over 1% each.