Sensex gains; HCL Tech, Wipro jump

Last Updated: Thu, Jan 17, 2013 07:23 hrs

The Sensex gains around 0.5 percent, while the Nifty is up around 0.4 percent. Technology shares gain after HCL Technologies Ltd beat estimates with a 68.4 percent jump in quarterly profit.

As of 11:56 a.m., HCL Technologies is up 4.8 percent after hitting its highest since February 2000. Infosys Ltd is 1.23 percent while Tata Consultancy Services Ltd is higher 1.7 percent.

Wipro gains 3.4 percent after UBS raised its ratings to "buy" from "sell", saying revenue momentum will start picking up from the October-December quarter.

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