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The S&P BSE Sensex pared gains after opening surged as much as 130 points led by gains in HUL, Sun Pharma, Dr Reddy's Labs, Hero Moto and ICICI Bank.

 At 09:25 a.m.; the 30-share index was at 27,821.1, up 145.15 points. It touched a high of 27827.66 and a low of 27702.77 in intraday trade. The Nifty was at 8,415.80, up 38.05 points. 

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