Sensex soars 55 pts, banking, tech stocks sizzle

The market continues to remain upbeat as strong upsurge in banking, tech and other select heavyweights has propeled the index to a new all-time intra-day high of 7,620.

The Sensex is now up 55 points at 7,608, while the Nifty has advanced 19 points to 2,322.

Reliance on impressive Q1 numbers has moved up 1.22% (Rs 8) to Rs 699.

SBI has flared up 3.51% (Rs 26) to Rs 775. While HDFC Bank has surged 3.95% (Rs 27) to Rs 702, ICICI Bank is up 2% (Rs 11) at Rs 519.

TCS has added 1.53% (Rs 19) to Rs 1,284. While Wipro has shot up 3% (Rs 21) to Rs 729, Satyam has advanced 2.34% (Rs 12) to Rs 534.

Maruti has scaled up 2.92% (Rs 14) to Rs 483, and Tata Motors is up a per cent (Rs 4) at Rs 480.

Tisco, however, has declined 3.41% (Rs 13) to Rs 376.