Reliance, pharma scrips move up

The gains of the index has picked up in late noon trades as fresh buying has emerged in pharma, select heavyweights and other old economy counters.

The Sensex, as a result, has gained 31 points to 6,910, while the Nifty has moved up seven points to 2,167.

Reliance on fresh buying has clocked a per cent gain (Rs 6) to Rs 592. While ITC has added 1.31% (Rs 18) to Rs 1,379, HLL is up a rupee at Rs 146.

Satyam is trading higher with a 2.48% gains (Rs 10) at Rs 415. Infosys is still up a per cent (Rs 14) at Rs 2,267, while Wipro is trading weaker by a per cent (Rs 5) at Rs 716.

HDFC Bank has edged higher by 2.39% (Rs 14) to Rs 615. While ICICI Bank is trading flat at Rs 399, SBI is subdued at Rs 723 - down Rs 3.

Ranbaxy has advanced 1.93% (Rs 20) to Rs 1,054. While Dr. Reddy's has moved up 2.46% (Rs 18) to Rs 742, Cipla is up 1.41% (Rs 4) at Rs 270.

HPCL has rebounded into the green with a gain of 1.90% (Rs 6) at Rs 343. While Hindalco has scaled up 2.85% (Rs 40) to Rs 1,456, Tisco is marginally up at Rs 437.

Bajaj has extended its losses by 1.58% (Rs 17) to Rs 1,085. While Hero Honda has dipped 1.26% (Rs 7) to Rs 555, Maruti is down a per cent (Rs 4) at Rs 465. Tata Motors, however, is up a per cent (Rs 4) at Rs 483.

BHEL has lost 1.46% (Rs 12) to Rs 841.