Sensex up 37pts; Bajaj Auto drops 3%

The Sensex is now up 37 points at 20,230.

Hindalco has surged nearly 3% to Rs 215, and ITC has rallied 2.5% to Rs 205.

Reliance Energy has soared over 2% to Rs 2,158. ONGC and HDFC Bank have gained 1.5% each at Rs 1,255 and Rs 1,727, respectively.

ICICI Bank has moved up 1.3% to Rs 1,236.

Bajaj Auto has plunged 3% to Rs 2,600. Bharti Airtel has shed 2% at Rs 963.

Reliance Communications, Tata Motors and Grasim are down 1% each at Rs 735, Rs 745 and Rs 3,584, respectively.