Sensex up 124pts; SBI, BHEL lead

The Sensex 124 points at 14,127.

BHEL has surged 2.7% to Rs 1,347. SBI has soared over 2% to Rs 1,318.

HDFC and Reliance Communications have advanced 1.6% each to Rs 1,780 and Rs 493, respectively.

Larsen & Toubro and Ranbaxy have moved up 1.4% each to Rs 1,898 and Rs 368, respectively.

Tata Steel, Bharti Airtel, Cipla and ONGC are up over 1% each.

Hero Honda has slipped over 1% to Rs 687.