Sensex up 118pts; breadth firm

The Sensex is now up 118 points at 14,175.

Tata Steel and HDFC Bank have rallied nearly 3.5% each to Rs 484 and Rs 1,099, respectively. Gujarat Ambuja has flared up 2.8% to Rs 145.

Reliance has advanced over 2% to Rs 1,370. Larsen & Toubro has surged nearly 2% to Rs 1,496.

Reliance Energy, Ranbaxy, ACC and TCS have gained around 1.5% each to Rs 534, Rs 428, Rs 1,086 and Rs 1,344, respectively.

Out of 2,683 stocks traded so far, 1,826 have advanced, 813 have declined and the rest are unchanged.