Sensex soars 361pts; SBI, ICICI zoom 7%

The Sensex is now up 361 points at 13,992.

SBI and ICICI Bank have zoomed 7% each to Rs 1,230 and Rs 957, respectively. HDFC Bank has advanced nearly 4% to Rs 1,038.

BHEL has surged 4.5% to Rs 2,251. Satyam has soared 3.5% to Rs 498.
TCS, Reliance and HDFC have gained around 3% each at Rs 1,319, Rs 1,335 and Rs 1,567, respectively.

Hindalco and Grasim are up around 2% each at Rs 172 and Rs 2,843, respectively.

Out of 2,662 stocks traded so far, 1,759 have advanced, 860 have declined and the rest are unchanged.