Sensex up 57pts, Hindalco gains 3%

The Sensex has moved up 57points (0.8%) to 7,268.

Infosys has advanced over 1% (Rs 34) to Rs 2,385. Satyam is also up over a per cent at Rs 511.

ITC is up Rs 9 at Rs 1,680. Reliance is steady at Rs 643 - up Rs 4. SBI is also holding gains at Rs 712 - up Rs 6.

ACC is steady at Rs 389, and Grasim is up Rs 14 at Rs 1,074.

Cipla is still up Rs 8 at Rs 327. Dr. Reddy's is now up Rs 11 at Rs 771.

Hindalco has zoomed 3% (Rs 35) to Rs 1,225.

HDFC and HDFC Bank are steady at higher levels.

J&K Bank has advanced 10% to Rs 394. VSNL is still up 8% at Rs 270.

Out of 2,551 scrips traded, 1,723 have moved up, 750 have declined and 78 are unchanged.