Sensex up 149pts in early trades

The Sensex is now up 149 points at 14,313.

Reliance Energy, Tata Motors and ONGC have surged 1.5% each to Rs 717, Rs 631 and Rs 795, respectively.

Tata Steel, SBI and Hindalco are up over 1% each at Rs 567, Rs 1,431 and Rs 141, respectively.