Sensex hovers around 18000

The 30-share BSE Sensex was trying to hold the 18,000 level amid choppy trade. The upmove in Reliance Industries, ICICI Bank, L&T and SBI counterbalanced the weakness in HDFC pack, metals stocks, HDFC, Tata Motors and ITC.

• The BSE benchmark moved up 31 points to 18,030.99 and the NSE benchmark went up 3.65 points to 5,434.65.

• Index heavyweight Reliance Industries and state-run oil & gas producer ONGC gained 1% and 1.4%, respectively.

• Country's largest private sector lender ICICI Bank rose over 1% while its rival State Bank of India was up 0.4%.

• Engineering conglomerate Larsen & Toubro climbed over 1%; state-owned power equipment manufacturer BHEL rebounded with 1.75% gains after falling in previous sessions on concerns over order book.

• Software services exporters TCS and Wipro were up 0.6-1% while their rival Infosys was flat.

• Two-wheeler major Hero Motocorp rallied 2% and its rival Bajaj Auto was up 1.4%. Commercial vehicle maker Tata Motors and utility vehicle major M&M fell 0.4% each.

• Telecom operator Bharti Airtel topped the selling list with 1.8% losses. Housing finance company HDFC was down over 1%.

• Cigarette major ITC and private sector lender HDFC Bank declined over 0.3%. Drug producer Cipla lost more than 1%. Via

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