The market witnessed volatile movements during the early hours of the trading session today. After resuming marginally higher over its yesterday's close at 7,307, the index soon dipped below the 7,300-mark on selective selling pressure to touch a low of 7,273.The market soon rebounded into the green and made steady headways on strong gains in select stocks till mid-noon trades. The sentiment received further boost towards the closing hours of the trading session as relentless buying across-the-board propelled the Sensex to a new all-time intra-day high of 7,430 - a gain of 157 points over the day's low.The Sensex, after exhibiting sluggish trend in the last few sessions, finally ended with a spurt of 119 points at 7,423.While 26 Sensex stocks advanced, four declined today. Advancing shares accounted for a volume of 1.19 crore amounting to Rs 639.46 crore and declining shares registered a volume of three lakh for Rs 19.85 crore.The breadth of the market was firm on the BSE. Of 2,603 stocks traded today, 1,702 advanced, 834 declined and 67 remained unchanged.Among the major sectoral indices, BSE Bankex index soared 2.52% to 4,316, followed by BSE Teck index (up 1.88% to 1,916), BSE PSU index (1.64% to 4,532), BSE CG index (1.55% to 4,050) and BSE Oil&Gas index (up 1.53% to 3,494).Reliance moved up 1.61% (Rs 11) to Rs 690. ONGC advanced 1.90% (Rs 17) to Rs 935, while Reliance Energy gained 1.71% (Rs 11) to Rs 646. HLL was up 2% (Rs 3) at Rs 162.ICICI Bank jumped 3.79% (Rs 17) to Rs 455. While SBI added 1.65% (Rs 12) to Rs 721, HDFC Bank was up a per cent (Rs 6) at Rs 649.Satyam added 4.16% (Rs 21) to Rs 533. While Infosys logged 1.19% gains (Rs 26) to Rs 2,236, TCS and Wipro ended with steady gains at Rs 1,294 and Rs 715, respectively.BHEL soared 5.33% (Rs 50) to Rs 991. Bharti scaled up 5.17% (Rs 13) to Rs 267, while Tisco shot up 2.52% (Rs 9) to Rs 379.ACC moved up 1.71% (Rs 7) to Rs 444, while Gujarat Ambuja was up a notch at Rs 62. Grasim, however, ended weak at Rs 1,155.Tata Motors rose 2.20% (Rs 10) to Rs 471, and Hero Honda gained 1.49% (Rs 9) to Rs 616. Bajaj, however, slipped a per cent (Rs 9) to Rs 1,373 in a bullish market. Maruti also ended on a lacklustre note at Rs 462.Banking scrips firmed up. BoB jumped 6.46% (Rs 15) to Rs 242. While Canara Bank gained 3.82% to Rs 240, BOI was up 3.75% at Rs 120. Andhra Bank, OBC, PNB, Vijaya Bank and Union Bank of India were up in a range of 2-4%.Capital Goods stocks, too, attracted strong buying support. Usha Martin surged 10.12% (Rs 9) to Rs 101. Esab India, Kirloskar Brothers, Astra Micro, Amforge Industries, Elgi Equipments, Alstom and Honeywell Auto added 2-6% gains.Satyam was the most active counter on the BSE with a turnover of Rs 145 crore, followed by Reliance (Rs 92 crore), Reliance Capital (Rs 76 crore) and Infosys (Rs 57 crore), respectively.
