he Sensex opened with a huge positive gap of 448 points at 13,764 on the back of positive cues from the US markets. After displaying range-bound trend in morning trades, the index firmed up and rallied to higher levels in the latter half of the trading day.
The buying, which was seen across-the-board, momentum was so strong that the index rallied past the 14,000-mark to a high of 14,097. The Sensex finally ended with a significant gain of 5.5% (727 points) at 14,042. In the process, the index also recovered its entire intra-week loss of 11.5% (1,443 points) when the index touched a low of 12,558 yesterday. Eventaully, the index has ended the week with a marginal gain of 41 points.
The NSE Nifty soared over 5% (207 points) to 4,245.
The BSE Realty index surged 7.5% (290 points) to 4,103. The IT index rallied 6.7% (229 points) to 3,667, and Oil & Gas index gained 5.5% (496 points) at 9,468.
The market breadth was fairly positive - out of 2,700 stocks traded, 1,888 advanced, 740 declined and the rest were unchanged today.
Satyam zoomed 10.5% to Rs 370. ICICI Bank soared 9% to Rs 628.
HDFC and Tata Power surged 8.3% each to Rs 2,308 and Rs 1,027, respectively.
DLF rallied 7.8% to Rs 427, and ONGC gained 7.3% at Rs 1,072.
Infosys moved up 6.6% to Rs 1,624. TCS, HDFC Bank and BHEL added 6.3% each to Rs 766, Rs 1,299 and Rs 1,711, respectively.
Jaiprakash Associates and Reliance rallied over 6% each to Rs 135 and Rs 2,052, respectively.
Reliance Communications, NTPC, Bharti Airtel, Reliance Infrastructure and Wipro advaned around 5% each to Rs 374, Rs 183, Rs 799, Rs 892 and Rs 417, respectively.
Ranbaxy and Tata Steel added 4.5% each to Rs 357 and Rs 480, respectively. Larsen & Toubro advanced over 4% to Rs 2,645.
Maruti, ITC and Sterlite were up around 3% each at Rs 742, Rs 191 and Rs 468, respectively.
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