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Day End Report

Strong cues from global markets coupled with a dip in inflation, saw the Sensex opened with a positive gap of 231 points at 14,279.
Aggressive buying in financial and realty stocks saw the index rally to higher levels as the day progressed. The upmove was so strong that the market also discounted the GDP numbers, which indicated a slowdown in economic growth to 7.9% in the June quarter.

The index rallied all the way to a high of 14,586, and finally ended on a firm note at 14,565 - up 516 points.

The BSE Bankex soared 6.3% to 7,010, and the Realty index surged over 5% to 4,995.

The market breadth was fairly positive - out of 2,742 stocks traded, 1,847 declined, 794 advanced and 101 were unchanged today.

SBI zoomed over 7% to Rs 1,404. ICICI Bank soared 6% to Rs 672. HDFC Bank rallied over 5% to Rs 1,277, and HDFC has gained 4.3% at Rs 2,344.

Reliance Infrastructure surged 6% to Rs 991. DLF and Tata Motors advanced around 5.5% each to Rs 493 and Rs 440, respectively.

Jaiprakash Associates and Tata Steel rallied 5% each to Rs 164 and Rs 600, respectively.

BHEL moved up 4.8% to Rs 1,707, and Wipro added 4.4% to Rs 432.

Bharti Airtel soared over 4% to Rs 837. Larsen & Toubro, Tata Power and Satyam advanced around 3.5% each to Rs 2,590, Rs 1,051 and Rs 420, respectively.

Maruti, Sterlite and Reliance were up over 3% each at Rs 650, Rs 627 and Rs 2,137, respectively.

Infosys, NTPC, ITC, Reliance Communications, TCS and ONGC also finished with smart gains.

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