Sensex up 120pts

The Sensex is now up 120 points (1.5%) at 8,192.

ONGC is now up Rs 13 at Rs 945. Reliance is steady at Rs 787 - up Rs 10. SBI is up Rs 10 at Rs 841.

Infosys is now up Rs 59 at Rs 2,648. Satyam has added Rs 11 to Rs 638. TCS is still up Rs 24 at Rs 1,450.

Hero Honda has gained over 4% (Rs 33) to Rs 747. Maruti is still up over 3% (Rs 18) at Rs 560. Bajaj and Tata Motors are also trading with gains.

Dr. Reddy's is still up 2.7% (Rs 31) at Rs 878. Cipla is up Rs 13 at Rs 372. Ranbaxy is steady at Rs 361 - up Rs 9.

BHEL is up 3.4% (Rs 39) at Rs 1,177. Grasim has gained 2.9% (Rs 34) to Rs 1,213. HDFC is now up Rs 18 at Rs 1,020.