Sensex up 102pts; Wipro up 3.2%

The Nifty is trading 49 points higher at 4924.

Jaiprakash Associates has advanced 3.4% to Rs 323.

Wipro is up 3.2% at Rs 494. Reliance Infra has gained  2.8% at Rs 1,283. ITC, RComm and Ambuja Cements are up 2.5% at Rs 211, Rs 557 and Rs 99 respectively.

Satyam, Bhel, Cipla, Reliance, DLF, NTPC, TCS and Ranbaxy are the other gainers.

HDFC is down 2.3% at Rs 2,515. SBI is down 1.8% to Rs 1,510.

HDFC Bank has declined 1.6% at Rs 1,325.  Tata Motors, ICICI Bank, ONGC and M&M are the other major losers.