Buying at lower levels helped the index rebound into positive zone, and display positive bias for the rest of the day.
The Sensex touched a high of 16,168 - up 429 points from the day's low - and finally ended with a gain of 199 points at 16,123.
The NSE Nifty ended 66 points higher at 4,866.
The BSE market breadth was fairly positive - out of 2,747 stocks traded, 2,109 advanced, and 605 declined on Tuesday.
Index movers
DLF zoomed over 10% to Rs 749. Larsen & Toubro gained nearly 7% at Rs 2,917.
ACC added 5.7% at Rs 811. Ranbaxy and Bajaj Auto gained over 4.5% each at Rs 453 and Rs 2,076, respectively.
BHEL and NTPC was up over 4% each at Rs 1,993 and Rs 193, respectively.
Reliance moved up around 3% to Rs 2,347.
Reliance Energy gained over 2% to Rs 1,287.
...And the shakers
Maruti and Satyam dropped 3% each to Rs 866 and Rs 396, respectively.
HDFC, Cipla and Wipro shed 2.5% each at Rs 2,501, Rs 196 and Rs 392, respectively.
Tata Motors and ICICI Bank slipped around 2% each to Rs 658 and Rs 854, respectively.
Major Gainers |
Major Losers | ||||
Name |
Close |
% Chg |
Name |
Close |
% Chg |
Renuka Sugar | 1,160.00 | 31.4 | Network 18 | 310.00 | 13.2 |
English Indian Clay | 1,006.55 | 20.0 | Amani Trading | 249.45 | 10.0 |
Permanent Magnets | 24.00 | 20.0 | Oscar Investments | 134.65 | 10.0 |
Jaibala Industries | 386.15 | 20.0 | Poddar Pigments | 36.50 | 10.0 |
Loyal Textile | 192.35 | 20.0 | Shervani Industrial | 51.50 | 10.0 |
(Close = Stock pirce at the end of day in Rs) |
Value and volume toppers
Reliance Energy topped the value chart with a turnover of Rs 594.50 crore followed by Reliance Natural Resources (Rs 319.50 crore), GSS America (Rs 313 crore), Reliance Petroleum (Rs 280.40 crore) and Reliance (Rs 208.50 crore).
Reliance Natural Resources led the volume chart with trades of around 2.81 crore shares followed by Ispat Industries (1.70 crore), Reliance Petroleum (1.65 crore), Nagarjuna Fertilisers (83.60 lakh) and IFCI (67.55 lakh).