The Sensex opened with a positive gap of 205 points at 10,428. Nervousness in early trades saw the index pare gains and touch a low of 10,250.
However, renewed buying interest in the market helped the index bounce back to higher levels. The Sensex rallied to a high of 10,750, and finally ended with a gain of 460 points at 10,683.
The NSE Nifty ended at 3235, up 112 points.
The market breadth was fairly positive - out of 1,613 stocks advanced, 975 declined and the rest were unchanged.
INDEX MOVERS...
Jaiprakash Associates zoomed over 16% to Rs 79. TCS soared almost 13% to Rs 561.
Reliance Communications surged over 11% to Rs 258. Tata Steel and Satyam rallied around 10% each to Rs 278 and Rs 317, respectively.
Tata Power gained 9.6% at Rs 790. Sterlite moved up 8.5% to Rs 295.
ACC added 7.5% to Rs 494. Larsen & Toubro advanced over 6% to Rs 861.
Reliance and Wipro moved up 5.7% each to Rs 1,397 and Rs 296, respectively.
HDFC, Hindustan Unilever, DLF, Reliance Infrastructure and ICICI Bank were up around 5% each at Rs 1,977, Rs 252, Rs 286, Rs 506 and Rs 431, respectively.
...AND THE SHAKERS
Mahindra & Mahindra slipped over 2% to Rs 409. Hindalco shed 1.7% at Rs 64.
MOST ACTIVE COUNTERS
Reliance topped the value chart with a turnover of Rs 301.65 crore followed by Reliance Capital (Rs 225.50 crore), ICICI Bank (Rs 172.25 crore), SBI (Rs 162.60 crore) and HDIL (Rs 159.65 crore).
GVK Power led the volume chart with trades of around 1.68 crore shares followed by HDIL (1.10 crore), Reliance Petroleum (92.90 lakh), IB Securities (87.85 lakh) and Reliance Natural Resources (87.65 lakh).