Sensex up 48pts; Infosys slips 1%

The Sensex is now up 48 points at 19,578.

ONGC has soared 3% to Rs 1,192. Tata Motors has surged 2.5% to Rs 761.

Bajaj Auto has rallied 1.6% to Rs 2,814, and Larsen & Toubro has gained 1.3% at Rs 4,287.

Reliance Communications and Mahindra & Mahindra are up around 1% each at Rs 720 and Rs 779, respectively.

Infosys has slipped 1.2% to Rs 1,595. Tata Steel is the other prominent loser.