Sensex ends above 14,000 on intense buying

The Sensex rose for the second consecutive day and rallied to high of  433 points to close at 14,286, on the back of the sustained buying witnessed in the frontliners.

The index opened at 13,917, up 63 points than its previous close, after which the markets exhibited sideways movement. The index pared gains in the initial hours to slip to a intra-day low of 13,891.

The Sensex however surged after noon and touched a high of  14,299, near day's end.

All the sectoral indices gained smartly. The Realty index continued its previous rally and soared to 8.5% at 3,243. The  Metal, Consumer Durables, Power and the PSU indices increased nearly 5% each.

The market breadth was extremely positive - out of  2,679 shares traded, 2,035 advanced while only 558 declined.

INDEX GAINERS...

Hindalco soared over 8% to Rs 79.
Jaiprakash Associates zoomed nearly 8% to Rs 206.

Hero Honda, BHEL and Tata Steel surged nearly 6.5% each to Rs 1,492, Rs 2,176 and Rs 380, respectively.

Tata Motors gained 5.5% at Rs 288.

Reliance Communications and Reliance Infrastructure advanced nearly 5% each to Rs 261 and Rs 1,104, respectively.

Sterlite, Tata Power and Larsen & Toubro increased over 4% each to Rs 628, Rs 1,104 and Rs 1,430, respectively.

Reliance, TCS and ONGC added 3.5% each to Rs 1,875, Rs 422 and Rs 1,035, respectively.

Sun Pharma, SBI, Wipro, HDIL and ICICI Bank were up 2-3% each.

...AND THE SHAKERS

However, Infosys declined nearly 1% to Rs 1,790

VALUE & VOLUME TOPPERS

Aban Offshore continued to top the value chart with turnover of Rs 228.64 crore. It is follwed by Educomp Solution (Rs 179.48 crore), ICICI Bank (Rs 170.71 crore), Suzlon (Rs 170.60 crore) and Reliance (Rs 163.93 crore).

Reliance Natural Resources led the volume chart on the BSE with trades of 19.23 million shares. It is followed by Suzlon (18.30 million), Unitech (14.67 million), IndiaBulls Real Estate ( 6.9 million) and IDBI Bank (6.5 million).