The Sensex opened with a positive gap of 153 points at 9,316, and thereafter exhibited range-bound movement in the morning session.
Fresh buying in the afternoon deals saw the index move to higher levels. The index firmed up and extended gains as the day progressed on the back of sharp gains in realty and metal stocks.
The Sensex rallied to a high of 9,679, and finally settled with a gain of 492 points at 9,655.
The BSE Realty index zoomed 12.5% to 2,005, and the Metal index surged 8.5% to 5,182. The Oil & Gas index gained 7% at 5,906.
The market breadth was fairly positive - out of 2,527 stocks traded, 1,529 advanced, 879 declined and the rest were unchanged today.
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INDEX MOVERS...
DLF zoomed 19% to Rs 263. Mahindra & Mahindra soared 15.5% to Rs 287.
Grasim surged 13.7% to Rs 1,099. Tata Steel rallied nearly 11% to Rs 217.
Reliance Communications, ACC and Wipro gained around 10% each at Rs 228, Rs 476 and Rs 262, respectively.
Reliance advanced 9.5% to Rs 1,227. Jaiprakash Associates, Sterlite and Reliance Infrastructure moved up nearly 9% each to Rs 75, Rs 272 and Rs 602, respectively.
ICICI Bank surged over 8% to Rs 400. HDFC and Tata Motors added 7.5% each to Rs 1,624 and Rs 163, respectively.
Tata Power was up 6.5% at Rs 732. Hindalco and Satyam were up nearly 6% each to Rs 54 and Rs 237, respectively.
...AND THE SHAKERS
Ranbaxy was the sole loser among the index stocks - down 1% at Rs 211.
VALUE & VOLUME TOPPERS
Reliance topped the value chart with a turnover of Rs 395 crore followed by DLF (Rs 282.40 crore), SBI (Rs 182 crore), Tata Steel (Rs 159 crore) and ICICI Bank (Rs 158.40 crore).
Unitech led the volume chart with trades of around 3.21 crore shares followed by Suzlon (2.05 crore), HDIL (1.47 crore), GVK Power (1.47 crore) and DLF (1.14 crore).