Sensex gains over 150 pts; HUL, Tata Motors jump 2%

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The Sensex is up 165.44 points at 29260.37 and the Nifty is up 42.95 points at 8848.45. About 1144 shares have advanced, 739 shares declined, and 158 shares are unchanged.

Tata Motors, Bharti Airtel, Sesa Sterlite, HUL and Coal India are top gainers in the Sensex. Among the losers are Sun Pharma, BHEL, L&T, NTPC and Infosys.

Oil prices were mixed with traders optimistic over falling US production, although they remain on edge as analysts warn of continued volatility. WTI jumped USD 1.57 and Brent crude gained USD 2.24 on Friday after data showed another drop in the number of oil rigs in operation in the United States.

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