Sensex reclaims 54K, rises 200 points; Nifty above 16,100; HCL Tech drops after Q1 results

Among Sensex stocks, Bajaj Finserv advanced 1.48 per cent to Rs 12,035.45. Asian Paints added 1.40 per cent to Rs 2932.60. Hindustan Unilever added 1.34 per cent to Rs 2,482.10. Larsen & Toubro, SBI, Nestle India, Tata Steel and UltraTech Cement rose up to 1.24 per cent.