Sensex up 106pts; Rel Energy surges 4%

The Sensex is now up 106 points at 17,756.

The NSE Nifty is up 37 points at 5,237.

Reliance Energy has soared 4% to Rs 1,687. HDFC Bank and ONGC have surged 3.4% each to Rs 1,457 and Rs 1,037, respectively.

Grasim has rallied 2% to Rs 2,953. ACC and Ambuja Cements have gained 1.7% each at Rs 833 and Rs 125, respectively.

ICICI Bank and Reliance Communications have advanced nearly 1.5% to Rs 1,126 and Rs 600, respectively.

Bharti Airtel and Wipro are down over 1% each at Rs 841 and Rs 434, respectively.