Sensex ends at 12,311, up 92pts

The Sensex opened with a positive gap of 12 points at 12,231. The first one-hour of the trading saw extreme volatility. The index at first gained over 100 points, then tumbled down into the negative zone to touch a low of 12,134.

The index, thereafter, recovered and displayed range-bound movement with a positive bias before surging to a new all-time intra-day high of 12,337 - up 203 points from the day's low.

The Sensex finally closed with a gain of 92 points at a new all-time high of 12,311.

The BSE Bankex rallied over 3% to 5,628. The Auto and IT indices were up nearly 1% each at 5,657 and 4,068, respectively. On the other hand, the Metal index dropped nearly 1% to 11,037.