The Sensex on Tuesday opened up 64 points at 16,805. The index slipped to a low of 16,764, but soon firmed up and moved to higher levels. Select short covering towards the end, saw the index soar 195 points to a high of 16,943. The Sensex finally ended with a gain of 145 points at 16,886.
The Nifty opened at 4,977 but managed to cross the 5,00 level and stayed there for most part of the day. The index touched a high of 5,036 and finally ended at 5,020.
The BSE IT index gained 2% to 4,649. The FMCG, realty and auto indices added around 1.5% each.
The markets breadth was positive. Out of 2,862 stocks traded 1,608 advanced while 1,172 declined.
INDEX MOVERS...
HDFC surged 5.3% to Rs 2,667. TCS gained 3% at Rs 601. Tata Motors and ITC added 2.5% each to Rs 615 and Rs 233, respectively.
Infosys, HDFC Bank and SBI moved up 1.5% each to Rs 2,405, Rs 1,546 and Rs 2,173, respectively.
Hindustan Unilever, Wipro, Maruti Suzuki, Larsen & Toubro and ICICI Bank also were up.
...AND SHAKERS
Bharti Airtel dropped 3.2% to Rs 428. Jaiprakash Associates declined 2.6% to Rs 250.
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