Sensex down 120pts; Wipro up 2%

The NSE Nifty is down 25 points at 5,024.

Tata Steel and HDFC Bank have plunged 2.5% each to Rs 761 and Rs 1,450, respectively.

ICICI Bank and BHEL have shed 2.3% each at Rs 862 and Rs 1,830, respectively.

HDFC and Hindalco have slipped around 1.5% each to Rs 2,536 and Rs 190, respectively. SBI has declined 1.3% to Rs 1,709.

Reliance is down 1% at Rs 2,582.

Wipro has gained 1.7% at Rs 438. Infosys and ACC have advanced over 1% each to Rs 1,618 and Rs 829, respectively.