Sensex up 90pts; Reliance surges 4%

The Sensex is now up 90 points at 12,450.

Reliance has surged 3.7% to Rs 1,140, and ONGC has added 1.4% to Rs 1,384.

Dr.Reddy's has gained 1.7% at Rs 1,709. HDFC has moved up 1.4% to Rs 1,304.

Hero Honda, Tata Steel, TCS and BHEL are up over 1% each.

NTPC, Bharti Tele and HLL have declined 1% each to Rs 131, Rs 415 and Rs 282, respectively.

Out of 2,453 stocks traded so far, 1,621 have advanced, 780 have declined and the rest are unchanged.