The Sensex finally ended (provisional) at 14,765, up 419 points.
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Updated at 1459 hrs:
The Sensex has extended gains and is now at 14,709, up 363 points.
ICICI Bank has rallied over 6% to Rs 742.
Sterlite and Larsen & Toubro have surged over 5% each to Rs 608 and Rs 1,608, respectively.
Infosys and Hindalco have advanced nearly 3% each to Rs 1,810 and Rs 87, respectively.
BHEL, Reliance and Maruti Suzuki have gained 2.5% each at Rs 2,190, Rs 2,009 and Rs 1,027, respectively.
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Sun Pharma has tumbled nearly 12 % to Rs 1,145.
Ranbaxy has declined over 4% to Rs 255.
Tata Steel is down 2.5% to Rs 388.
The market breadth is fairly positive -out of 2674 shares, 1,615 advanced and 971 declined.