Sensex up 81pts, Tata Motors gains 1%

The Sensex is now up 81 points at 14,493.

L&T is still up 4.5% at Rs 2,118. BHEL is now up 2.7% at Rs 1,468.

HDFC is still up over 2% at Rs 1,848.

Tata Motors, which today announced a coversion premium of 40% for its $450 million overseas float, has gained over 1% to Rs 696.

Reliance Energy, Ranbaxy, Reliance Communications and HLL continue to hold gains.

Market breadth continues to be positive - out of 2,2266 scrips traded till now, 1,401 have logged gains.