Sensex up 120pts; breadth very +ve

The Sensex is now up 120 points at 13,816.

SBI and Dr.Reddy's have rallied around 2.5% each to Rs 1,348 and Rs 769, respectively.

Reliance Energy has surged nearly 2% to Rs 538. Reliance has moved up 1.5% to Rs 1,266.

Bajaj Auto, Larsen & Toubro and ITC have advanced around 1.5% each to Rs 2,684, Rs 1,388 and Rs 187, respectively.

HDFC has slipped 1% to Rs 1,631.

Out of 2,285 stocks traded so far, 1,511 have advanced, 699 have declined and 75 are unchanged.