Sensex up 102 pts, RIL edges higher

Though the market sentiment remains optimistic, the Sensex continues to move in a range of 7,300 and 7,320 and is now up 102 points at 7,314. The Nifty is up 26 points at 2,222.

ICICI Bank has shot up 6.36% (Rs 27) to Rs 451, and HDFC Bank has gained 2.29% (Rs 15) to Rs 665.

Reliance Industries has advanced 2.17% (Rs 13) to Rs 634. ONGC and Reliance Energy are still up a per cent each at Rs 929 (up Rs 9) and Rs 630 (up Rs 5), respectively.

Bajaj has firmed up 4.17% (Rs 56) to Rs 1,395, while Tata Motors is up 3.14% (Rs 14) at Rs 448. Hero Honda (up Rs 9 or 1.57% to Rs 597) has trimmed gains due to profit-taking.

ACC continues to trade higher with a gain of 4.48% (Rs 18) at Rs 412. Grasim and Gujarat Ambuja are unchanged from their earlier gains at Rs 1,085 and Rs 62, respectively.

TCS has moved up 1.13% (Rs 15) to Rs 1,327. While Infosys has lost a per cent (Rs 18) to Rs 2,315, Wipro is trading lower at Rs 718 - down Rs 5.