Sensex up 27pts; HDFC, Tata Steel weak

The Sensex is now up 27 points at 14,230.

BHEL has surged over 3.3% to Rs 1,395. Ranbaxy has rallied 3% to Rs 381.

Reliance Energy, Maruti, Larsen & Toubro and SBI have advanced around 2% each to Rs 538, Rs 744, Rs 1,962 and Rs 1,339, respectively.

Tata Motors has gained 1.8% at Rs 654. Reliance Communications and HDFC Bank have moved up 1.3% each to Rs 498 and Rs 1,112, respectively.

NTPC has dropped nearly 2% to Rs 151. HDFC, TCS, Satyam, Tata Steel and Dr.Reddy's have slipped over 1% each to Rs 1,801, Rs 1,189, Rs 485, Rs 607 and Rs 632, respectively.

Out of 2,498 stocks traded so far, 1,474 have advanced, 943 have declined and 79 are unchanged.