Sensex up 138pts, Hero Honda gains 5%

The Sensex has moved up 138 points (1.7%) to 8,211.

Hero Honda has advanced over 5% (Rs 38) to Rs 752. Maruti and Tata Motors are also trading with gains.

Ranbaxy has gained 4.5% (Rs 16) to Rs 367. Dr. Reddy's is now up Rs 34 at Rs 880. Cipla is steady at Rs 373 - up Rs 13.

Tata Steel is still up over 5% (Rs 18) at Rs 366. BHEL is still up Rs 51 at Rs 1,189.

Infosys is still up Rs 51 at Rs 2,640. TCS is steady at Rs 1,455 - up Rs 29.

Reliance has added Rs 13 to Rs 790. ONGC is still up Rs 14 at Rs 946.