| GAIL (India) gained nearly 8 per cent on news it has been offered two exploration and production blocks in Uzbekistan. |
| The Bombay Stock Exchange's 30-share Sensex ended 10617.27, up 201.66 points or 1.9 per cent. Its range was 10362.61 to 10648.77. |
| The National Stock Exchange's 50-share Nifty ended 3110.15, up 69.65 points or 2.3 per cent. The day's low was 3022.70 and high 3121.40. |
| With today's rise the market has gained over 5 per cent in three consecutive sessions. |
| Turnover on both exchanges combined was Rs 8,200 crore, up from the average Rs 7,800 crore over the last two sessions. |
| Dealers said that though volumes have improved over the last couple of sessions, they still do not match those seen in May when the market slipped. |
| "In the absence of any negative triggers, market may gain another 1-2 per cent rest of the week. I believe crude oil prices will slowly and steadily cease to be of any major concern as by now people are quite used to seeing prices in the range of $73-76 a barrel," Govind Satam, dealer at Religare Securities, said. |
| ONGC, which was flat, jumped after the upstream energy major surprised investors with a 1-for-2 bonus issue. |
| Its April-June earnings were robust, with 24 per cent year-on-year rise in net profit compared with an estimated 14 per cent rise. Revenue rose 35 per cent compared with the estimated 15 per cent. |
| Mahindra & Mahindra rose 7 per cent after the automobile maker said April-June net profit rose 41 per cent to Rs 204 crore. |
| Other notable gainers were Zee Tele (up 6.9 per cent), Ranbaxy (4.4 per cent), and Suzlon Energy (4.2 per cent). |
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