Sensex up 163pts; Hero Honda slips 2%

The Sensex is now up 163 points at 14,166.

HDFC and BHEL have rallied around 2.5% each to Rs 1,796 and Rs 1,342, respectively. SBI has surged 2% to Rs 1,315.

Reliance Communications, Infosys, Bharti Airtel, ITC and HLL have advanced around 1.5% each to Rs 493, Rs 2,011, Rs 809, Rs 154 and Rs 189, respectively.

Tata Steel and Relaince Energy have moved up 1.3% each to Rs 603 and Rs 527, respectively.

Hero Honda has slipped over 2% to Rs 678.