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Day End Report

Fresh buying - mainly in metal, oil and select banking stocks - towards the end helped the index surge to a high of 10,306. The Sensex finally ended with a gain of 317 points at 10,276. In the process, the index has now gained 6.5% (629 points) in the first three trading sessions of this year.

The BSE Metal index surged 5.5% to 5,869. The Oil & Gas index also soared over 5% to 6,560. The Bankex added 3.5% to 5,875.

The market breadth was fairly positive - out of 2,613 stocks traded so far, 1,680 advanced, 859 declined and the rest were unchanged.

Sterlite zoomed nearly 10% to Rs 302. Tata Power and Jaiprakash Associates soared around 7.5% each to Rs 830 and Rs 94, respectively.

Tata Steel, ONGC and Reliance surged around 6.5% each to Rs 245, Rs 724 and Rs 1,366, respectively.

ICICI Bank rallied 6% to Rs 500. Reliance Infrastructure, HDFC and Reliance Communications gained 5.5% each at Rs 666, Rs 1,628 and Rs 264, respectively.

Hindalco, Larsen & Toubro and Infosys were up around 4% each at Rs 58, Rs 854 and Rs 1,174, respectively.

Satyam slumped 6% to Rs 167 amid reports of a likely takeover.

Bharti Airtel shed 2.8% at Rs 685. NTPC, DLF and Hindustan Unilever were down around 1.5% each at Rs 181, Rs 296 and Rs 244, respectively.

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