Sensex zooms 247pts, SBI gains 6%

The Sensex has advanced 247 points to 14,176.

SBI has vaulted 6.6% (Rs 70) to Rs 1,130. ICICI Bank has zoomed over 4% (Rs 39) to Rs 956. HDFC Bank has gained over 3% to Rs 1,018.

Tata Motors has gained close to 5% to Rs 752. Bajaj has gained 2.5% to Rs 2,470. Maruti has gained 4.6% to Rs 803.

Reliance has advanced 1.7% (Rs 26) to Rs 1,580.

Bharti is up 3% at Rs 864. Infosys, Reliance Communications, Tata Steel are also trading with sharp gains.