Sensex up 120pts; Hindalco gains 4%
The NSE Nifty is up 18 points at 5,031.
Reliance Infrastructure has surged 4.7% to Rs 1,421, while Hindalco has gained 3.8% to Rs 182.
Jaiprakash Associates has rallied 2.7% at Rs 253.
BHEL, Larsen & Toubro and Tata Steel have moved up around 2% each at Rs 1,786, Rs 2892 and Rs 859, respectively.
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Satyam and ICICI Bank have advanced 1.8% each to Rs 498 and Rs 894, respectively.
Wipro has slipped 1.5% to Rs 500. ONGC, HDFC, Ranbaxy have declined over 1% to Rs 1,015, Rs 2,665 and Rs 489, respectively.