Sensex up 97pts; Rel Energy surges 5%

The Sensex is now up 97 points at 14,906.

The NSE Nifty is up 42 points at 4,545.

Reliance Energy has surged 5.5% to Rs 1,256. Bharti Airtel has soared over 3% to Rs 766.

Reliance Communications has gained 2.5% at Rs 495, and NTPC has added 2.3% to Rs 192.

Wipro and Satyam have moved up nearly 2% each to Rs 362 and Rs 373, respectively.

ACC and ONGC are up 1.7% each at Rs 784 and Rs 1,000, respectively.

DLF, BHEL and Maruti are up around 1.5% each at Rs 612, Rs 1,824 and Rs 819, respectively.

Jaiprakash (JP) Associates has slumped 4.5% to Rs 199. HDFC Bank has plunged 3% to Rs 1,201.

HDFC has dropped 1.6% to Rs 2,190. Tata Motors and Mahindra & Mahindra are down 1% each at Rs 600 and Rs 631, respectively.