Sensex up 12pts; ICICI slips 2%

The Sensex touched a high of 14,892, and then slipped to a low of 14,827.

The index has rebounded into the positive zone and is now up 12 points at 14,874.

Ambuja Cements has moved up 1.7% to Rs 131. Reliance Communications, Wipro and BHEL are up around 1% each at Rs 551, Rs 509 and Rs 1,571, respectively.

ICICI Bank has shed 1.8% to Rs 988. Maruti, Tata Motors and Grasim have slipped 1% each to Rs 796, Rs 700 and Rs 2,724, respectively.