Backed by smart gains in the global markets, the Sensex opened with a positive gap of 63 points at 11,724, and did not bother to look. All round buying saw the index rally to higher levels as the day progressed.Agressive buying in auto and banking stocks saw the index touch a high of 11,938 - up 277 points from its previous close. The Sensex finally settled with a gain of 2% (233 points) at 11,894.The index has, in the last two days, almost wiped out its loss of 368 points suffered on Monday. The BSE Bankex surged 4% to 5548. While the PSU index advanced 2.5% to 5647, the Auto and IT indices added 2% each to 5195 and 4311, respectively.The BSE Mid-cap and Small-cap indices were up 1.8% each at 5005 and 5975, respectively.Advances beat declines 2:1 i.e there were more than two advancing shares for every declining stock. Out of a total of 2,580 stocks traded, 1,700 moved up, 814 slipped and 66 were unmoved today.INDEX MOVERS & SHAKERSBharti Airtel surged 4.7% to Rs 443. NTPC and ICICI Bank gained nearly 4.5% each to Rs 129 and Rs 631, respectively.SBI and HDFC Bank advanced 4% each to Rs 969 and Rs 874, respectively. Maruti and Dr.Reddy's were up over 3.5% each at Rs 956 and Rs 737, respectively.HLL added nearly 3% to Rs 236. Larsen & Toubro, Bajaj Auto and Satyam moved up 2.5% each to Rs 2,522, Rs 2,777 and Rs 803, respectively.Infosys and Reliance Energy were up 2.3% each at Rs 1,810 and Rs 471, respectively.TCS, Tata Motors and Ranbaxy gained around 2% each at Rs 997, Rs 870 and Rs 412, respectively.Hindalco and Reliance Communications were the only losers among the index stocks today.VALUE & VOLUME TOPPERSIDFC topped the value chart with a turnover of Rs 285 crore followed by Reliance (Rs 211.60 crore), Indiabulls (Rs 177.50 crore), Reliance Capital (Rs 136.70 crore) and SBI (Rs 87.42 crore).IDFC also led the volume chart with trades of around 4.53 crore shares followed by SpiceJet (80.20 lakh), IDBI (62.15 lakh), ITI (53.20 lakh) and Indiabulls (50.78 lakh).