Sensex up 119pts; ONGC, HLL down 2%

The Sensex is now up 119 points at 13,114.

Reliance Communications has zoomed 6.5% to Rs 430. Bharti Airtel has surged 3% to Rs 594.

SBI has rallied 3.5% to Rs 1,220. ACC, Dr.Reddy's and Grasim have soared around 3% each to Rs 1,004, Rs 778 and Rs 2,584, respectively.

Gujarat Ambuja has moved up nearly 3% to Rs 134. ICICI Bank has added 2.5% to Rs 826.

ONGC and HLL have slipped over 2% each to Rs 787 and Rs 219, respectively.

Out of 2,535 stocks traded so far, 1,459 have advanced, 1,013 have declined and the rest are unchanged.