Sensex rebounds, up 24pts; ICICI Bank gains 2%

The Sensex has rebounded into the positive zone and is now up 24 points at 14,474.

Reliance and Jaiprakash Associates have plunged 2.7% each to Rs 2,170 and Rs 156, respectively.

Tata Steel has dropped 1.7% to Rs 575. Sterlite and Bharti Airtel are down 1% each at Rs 612 and Rs 806, respectively.

HDFC has rallied 3% to Rs 1,245. Satyam has surged 2.8% to Rs 404.

ICICI Bank, Wipro and Maruti have advanced 1.8% each to Rs 668, Rs 427 and Rs 636, respectively.

TCS has gained 1.5% at Rs 831. Ranbaxy and Reliance Infrastructure have added 1.3% each to Rs 519 and Rs 998, respectively.

 

BHEL is up over and 1% at Rs 1,709.

Out of 2,615 stocks traded so far, 1,516 have declined, 1,020 have advanced and 79 are unchanged.