Sensex ends at 12,219, up 176pts

The Sensex opened with a huge positive gap of 61 points at 12,104. Fresh buying in morning trades saw the index rally over 240 points.

The index, thereafter, displayed range-bound movement before touching a high of 12,289 - up 246 points. Some profit taking towards the close saw the index pare some gains and finally settle with a gain of 1.5% (176 points) at 12,219.