Updated at 1550 hrs: The Sensex opened with a huge negative gap of 292 points at 14,064, and dropped to a low of 14,033. The Sensex zoomed to 14,682 in closing deals - an intra-day swing of 649 points. The Sensex finally closed with a gain of 301 points (2.10%) at 14,657.
All the sectoral indices, except Auto and FMCG, closed with gains. Market breadth was bullish - out of over 2,730 scrips traded, over 1,545 logged gains.
SBI gained over 6% at Rs 1,500. Reliance moved up over 4% to Rs 2,300. HDFC added 5.5% at Rs 2,402. Infosys was up over 3% at Rs 1,640.
Jaiprakash, Reliance Infra, BHEL, Wipro, Tata Steel and NTPC also finished with gains.
RCom dropped nearly 13% to Rs 437. Tata Power declined nearly 4% to Rs 1,116. Maruti, HUL, ACC and Tata Motors also declined.
RCom was the most active counter with a turnover of Rs 631 crore followed by RNRL (Rs 375 crore), Reliance Capital (Rs 348 crore), Reliance (Rs 297 crore) and L&T (Rs 187 crore).
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