Sensex up 108pts; breadth fairly +ve

The Sensex is now up 108 points at 18,621.

Hindalco, Reliance Energy and Tata Steel have surged nearly 3.5% each to Rs 196, Rs 1,710 and Rs 946, respectively.

SBI, BHEL and Relinace have rallied 1.8% each to Rs 1,943, Rs 2,315 and Rs 2,656, respectively.

ICICI Bank and Bharti Airtel have advanced 1.3% each to Rs 1,113 and Rs 999, respectively. Tata Motors is up 1% at Rs 782.

ONGC has slumped 3.6% to Rs 1,068. Cipla has shed 2.6% at Rs 191.

Dr.Reddy's and HDFC Bank have slipped 1.7% each to Rs 619 and Rs 1,482, respectively.

Wipro has declined 1.3% to Rs 480. HDFC, ITC and Maruti are down around 1% each at Rs 2,513, Rs 183 and Rs 1,109, respectively.

The market breadth is fairly positive - out of 2,353 stocks traded so far, 1,538 have advanced, 748 have declined and 67 are unchanged.