Sensex up 186pts; TCS, Cipla, ONGC rally

The Sensex touched a high of 11,739, and is now up 186 points at 11,726.

TCS has gained over 6% at Rs 2,021. Infosys has added 1.6% to Rs 3,283.

Cipla has rallied 4.5% to Rs 690. ONGC has surged nearly 4% to Rs 1,291.

Dr.Reddy's has advanced 2.7% to Rs 1,508. Bajaj Auto, HLL, HDFC Bank, Maruti and Hero Honda are the other smart gainers.

Tata Power has dropped nearly 1% to Rs 586.

The market breadth is positive. Out of 2,220 stocks traded so far, 1,559 have advanced, 608 have declined and 53 are unchanged.

RS Software has zoomed over 12% to Rs 84. Alps Industries, Essar Shipping, Henkel India, Rane Holdings, Coral Labs, Bombay Dyeing, IndusInd Bank, Conatiner Corporation, Finolex Industries, Dabur, Titan and VSNL are the other major gainers.

KSB Pumps has plunged 4% to Rs 485. Bhartiya International, Dynemic Products, UTV Software, Phoenix Labs, Gallant Metals, Reliance Natural Resources, HPCL, BPCL, Kochi Refineries, IBP and IOC are under selling pressure.