Sensex up 117pts; Bharti, Wipro weak

The Sensex is now up 117 points at 17,768.

The NSE Nifty is up 39 points at 5,239.

Reliance Energy and HDFC Bank have surged 3% each to Rs 1,673 and Rs 1,464, respectively.

Grasim has rallied 2.5% to Rs 2,969. ONGC has soared over 2% to Rs 1,035.

Ambuja Cements and ACC have advanced nearly 2% each to Rs 125 and Rs 833, respectively.

ICICI Bank and Reliance Communications are up around 1.5% each at Rs 1,127 and Rs 600, respectively.

Bharti Airtel, Cipla and Wipro have slipped over 1% each to Rs 840, Rs 200 and Rs 435, respectively.