Sensex soars 111pts; ICICI Bank rallies 3%

The Sensex is now up 111 points at 10,924.

ICICI Bank has rallied over 3% to Rs 586. SBI has gained 1.4% at Rs 822.

Hindalco, ONGC, Reliance Energy, Reliance Communications, NTPC, Tata Motors, ACC and BHEL are up over 1% each.