Sensex bounces back; tech stocks lead

The Nifty is up 32 points at 3,929.

Wipro has soared 4% to Rs 433. Satyam and HDFC have surged over 3.5% each to Rs 448 and Rs 1,899, respectively.

Reliance Communications and Hindalco have rallied arond 3% each to Rs 408 and Rs 138, respectively.

Infosys and Larsen & Toubro have moved up around 2.7% each to Rs 1,756 and Rs 2,196, respectively.