Sensex up 17pts, L&T gains 5%

The Sensex closed with a gain of 17 points at 7,211.

SBI was firm right through the session, and closed with a gain of 3.6% (Rs 25) at Rs 706. ITC moved up over a per cent (Rs 22) to Rs 1,671. HLL was up a rupee at Rs 165.

L&T zoomed 4.6% (Rs 52) to Rs 1,186. Reliance Energy was up 2.8% (Rs 18) at Rs 650.

ACC moved up nearly 2% (Rs 7) to Rs 385. Gujarat Ambuja and Grasim also closed with gains.

Bajaj gained nearly a per cent (Rs 13) to Rs 1,387. Hero Honda, Maruti and Tata Motors finished in positive zones today.

Ranbaxy was up 1.9% (Rs 20) at Rs 1,078. Cipla and Dr. Reddy's moved up today.

ONGC declined 3.7% (Rs 38) to Rs 983. Reliance dropped Rs 2 to Rs 640.

Wipro slipped 2.7% (Rs 21) to Rs 745. Infosys was down Rs 7 at Rs 2,351.

HDFC Bank dropped 2.6% (Rs 16) to Rs 618. HDFC was down 1.6% (Rs 14) to Rs 870.