The Sensex opened 73 points higher at 8,768. The index after extending gains in opening trades soon slipped into red and touched a low of 8,659. The index, thereafer, exhibited lacklustre movement for major part of the trading day.
Renewed buying interest in late noon trades helped the index recover and rally to a high of 9,062 - up 403 points from the day's low. The Sensex finally ended with a gain of 331 points at 9,027.
The BSE Bankex surged 6% to 4,625. The Oil & Gas index rallied 4.4% to 5,648, and the Metal index gained 3.7% at 4,420.
The market breadth was negative - out of 2,228 stocks traded, 1,222 declined, 938 advanced and the rest were unchanged.
INDEX MOVERS...
Sterlite zoomed nearly 13% to Rs 231. ICICI Bank soared 9.5% to Rs 351, and HDFC Bank surged 8.5% to Rs 907.
NTPC rallied 7% to Rs 164. Reliance gained over 6% at Rs 1,137.
DLF and Wipro moved up 5.5% each to Rs 199 and Rs 241, respectively.
HDFC advanced 5% to Rs 1,417. Ranbaxy and TCS added 4.7% each to Rs 213 and Rs 527, respectively.
Bharti Airtel and Reliance Infrastructure were up 4.5% each at Rs 655 and Rs 520, respectively.
Jaiprakash Associates, SBI and Tata Motors gained 3% each at Rs 57, Rs 1,104 and Rs 140, respectively.
...AND THE SHAKERS
Mahindra & Mahindra slipped 2.5% to Rs 270. Maruti was the only other loser among the index stocks.
MOST ACTIVE COUNTERS
Reliance topped the value chart with a turnover of Rs 356.70 crore followed by SBI (Rs 193.65 crore), Relaince Capital (Rs 156.70 crore), Reliance Infrastructure (Rs 135.25 crore) and Educomp Solutions (Rs 130 crore).
Unitech led the volume chart with trades of around 2.30 crore shares followed by Suzlon (1.90 crore), GVK Power (1.26 crore), Rajesh Exports (65 lakh) and Reliance Natural Resources (61.60 lakh).
