The Sensex opened 32 points higher at 8,779, and touched a low of 8,727 in the opening deals. The index, thereafter, exhibited lacklustre movement in the morning trades.
Aggressive buying in noon trades saw the index break-out of the day's trading range and surge to a high of 9,245. Realty, metal, energy and banking stocks were the major gainers today.
The Sensex finally ended with a gain of 482 points at 9,230.
The BSE Realty index soared 12.5% to 1,754. The Metal index surged 8% to 4,804, and the Oil & Gas index rallied nearly 6% to 5,683.
The market breadth was fairly positive - out of 2,226 stocks traded, 1,496 advanced, 671 declined and the rest were unchanged today.
INDEX MOVERS...
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Tata Steel and Jaiprakash Associates zoomed nearly 14% each to Rs 188 and Rs 71, respectively. Tata Motors soared over 13% to Rs 151.
DLF surged over 11% to Rs 214. Sterlite rallied 10% to Rs 257.
ICICI Bank moved up nearly 9% to Rs 364. Reliance and Larsen & Toubro added around 8.5% each to Rs 1,159 and Rs 748, respectively.
Reliance Infrastructure advanced 7.5% to Rs 546. BHEL gained 7% at Rs 1,358.
HDFC, ACC and SBI were up over 6.5% each to Rs 1,509, Rs 428 and Rs 1,169, respectively.
Tata Power gained 5.5% at Rs 684, and Reliance Communications added 5% to Rs 197.
Mahindra & Mahindra and Wipro were up 4.7% each at Rs 254 and Rs 234, respectively.
MOST ACTIVE COUNTERS
Reliance topped the value chart with a turnover of Rs 404.60 crore followed by SBI (Rs 203.60 crore), Educomp Solutions (Rs 178.30 crore), Reliance Infrastructure (Rs 153.20 crore) and DLF (Rs 132.50 crore).
Unitech led the volume chart with trades of around 3.20 crore shares followed by Suzlon (2.47 crore), GVK Power (1.82 crore), HDIL (1.10 crore) and Jaiprakash Associates (82.60 lakh).