The Sensex opened with a positive gap of 262 points at 15,430 on the back of positive cues from the global markets. World markets have rallied smartly on the back of sustained fall in crude oil prices which now trade at around $116 per barrel as against the recent highs of $147.
The Sensex is now up 265 points at 15,432.
The NSE Nifty is up 71 points at 4,600.
SBI has surged 3.5% to Rs 1,575.
Jaiprakash Associates and ICICI Bank have rallied over 3% each to Rs 189 and Rs 752, respectively.
Maruti and BHEL have gained 2.5% each at Rs 696 and Rs 1,826, respectively.
Reliance Communications, HDFC and DLF have advanced over 2% each to Rs 449, Rs 2,570 and Rs 560, respectively.
Tata Motors, Infosys, Mahindra & Mahindra and Reliance are also up around 2% each to Rs 452, Rs 1,714, Rs 586 and Rs 2,294, respectively.
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