Sensex up 39pts; L&T moves up 2%

The Sensex is now up 39 points at 14,119.

Larsen & Toubro has surged 1.7% to Rs 1,960. Tata Motors has gained 1.3% at Rs 654.

ONGC, Grasim, HDFC Bank, ICICI Bank and Reliance have advanced 1% each to Rs 899, Rs 2,400, Rs 1,099, Rs 927 and Rs 1,687, respectively.

Tata Steel, Gujarat Ambuja and BHEL are the other prominent gainers.

Infosys and Satyam have slipped over 1.5% each to Rs 1,956 and Rs 470, respectively. Wipro and TCS has shed 1.3% each to Rs 516 and Rs 1,152, respectively.

Hindalco has dropped 1.4% to Rs 160. Ranbaxy and Reliance Energy are the other prominent losers.

Out of 2,302 stocks traded so far, 1,141 have advanced, 1,068 have declined and 93 are unchanged.