The Sensex opened with positive gap of 107 points at 17,085 following a positive close in the US markets.
Agressive buying in late noon deals helped the index touch the day's high at 17,366 - up 388 points from Wednesday's close.
The index finally ended with a gain of 375 points at 17,353.
The market breadth was fairly positive - out of 2,755 stocks traded, 1,772 advanced, 909 declined and the rest were unchanged.
The NSE Nifty moved up 103 points to close at 5,115.
INDEX MOVERS...
Hindalco soared 6% to Rs 204. Reliance Communications surged 5.3% to Rs 589, and Larsen & Toubro gained 4.7% to Rs 2,963.
Reliance, ICICI Bank and Infosys advanced 3.6% to Rs 2,623, Rs 929 and Rs 1,891, respectively.
DLF, Maruti and BHEL moved up around 3% each to Rs 644, Rs 823 and Rs 1,800, respectively.
Ambuja Cements was up 2.5% at Rs 112. HDFC, Jaiprakash Associates and ACC gained 2.2% each to Rs 2,793, Rs 266 and Rs 682, respectively.
Cipla and Reliance Infra were up around 2% each at Rs 214 and Rs 1,451. respectively.
TCS, Grasim, ONGC, SBI and Wipro were the other major gainers today.
...AND THE SHAKERS
Satyam tumbled 3.4% to Rs 484.
Hindustan Unilever plunged 1.9% at Rs 239, and Tata Motors slipped 1.5% to Rs 663.
MOST ACTIVE COUNTERS
Aishwarya Telecom led the value chart with a turnover of Rs 886.39 crore followed by Reliance Communications (Rs 258.86 crore), Reliance (Rs 179.39 crore), Reliance Petroleum (Rs 163.10 crore) and Satyam (Rs 158.31 crore).
Aishwarya Telecom, also, topped the volume chart with trades of around 7.05 crore shares followed by IFCI (2.19 crore), Ispat (1.09 crore), Cybermat (1.08 crore) and Reliance Natural Resources (1.03 crore).