Sensex up 98pts; ICICI, HDFC Bank firm

The Sensex continues to gyrate between zones and is now up 98 points at 8,794.

Wipro has surged 3.5% to Rs 237. ICICI Bank and HDFC Bank have rallied over 3% each to Rs 331 and Rs 861, respectively.

Reliance has gained 2.5% at Rs 1,097.

Mahindra & Mahindra has tumbled over 4% to Rs 265. Maruti has plunged 3.7% to Rs 515.

Hindalco and Reliance Communications have dropped 2.5% each to Rs 50 and Rs 191, respectively.