Markets firm; ICICI Bank rallies 5%

The Nifty is up 90 points at 4,016.

Jaiprakash Associates has zoomed 11.5% to Rs 155. DLF has soared nearly 10% to Rs 419.

BHEL has surged 7.5% to Rs 1,500, and Reliance Communications has rallied nearly 7% to Rs 416, and Larsen & Toubro has added 6.5% to Rs 2,380.

Reliance Infrastructure has moved up 6% to Rs 765. ICICI Bank has gained 5.5% at Rs 605.

Tata Steel has slipped over 2% to Rs 643. Cipla and TCS have declined around 1.5% each to Rs 208 and Rs 844, respectively.

Out of 2,613 stocks traded so far, 1,621 have advanced, 923 have declined and the rest are unchanged.