The Sensex opened marginally (15 points) lower at 14,563  and moved down by 42 points in early trade today on small selling activity in banking and metal stocks. The trading sentiment turned sluggish following reports of a weak trend in global markets.

The index gyrated between zones till mid-noon trades wherein the index touched a low of 14,529. Aggressive buying on the back of further drop in crude oil prices saw the index rally sharply in late noon trades. The US crude oil dropped to a low of $118 per barrel in Asian trades today.

The BSE Bankex rallied 6.7% (450 points) to 7,218, and the Realty index surged 6.6% (343 points) to 5,575. The Auto index advanced over 4% (151 points) to 3,819. The BSE Metal index, however, slipped 1.9% (259 points) to 13,265.

The market breadth was fairly positive - out of 2,767 stocks traded, 1,786 advanced, 921 declined and 60 were unchanged today.

The NSE Nifty settled above the 4,500-mark at 4,503 - up 108 points.

BIG MOVERS...

ICICI Bank zoomed over 8% to Rs 693. HDFC Bank rallied nearly 7% to Rs 1,184, and SBI added 4.6% to Rs 1,579.

DLF soared 7.7% to Rs 553. Jaiprakash Associates surged 6% to Rs 185, and Reliance Infrastructure advanced over 4% to Rs 1,043.

Maruti rallied 7.4% to Rs 614. Mahindra & Mahindra gained 5.5% at Rs 548, and Tata Motors was up 3.2% at Rs 409.

Grasim surged 6.5% to Rs 2,019. ACC spurted over 5% to Rs 616.

NTPC, Wipro and HDFC moved up around 4% each to Rs 182, Rs 448 and Rs 2,465, respectively.

BHEL and Bharti Airtel rallied around 3% each to Rs 1,770 and Rs 840, respectively.

Hindustan Unilever gained 2.5% at Rs 240. ONGC advanced over 2% to Rs 1,002.

TCS and Larsen & Toubro advanced 1.7% each to Rs 831 and Rs 2,699, respectively. Reliance added 1.5% to Rs 2,276.

Infosys, ITC and Satyam were up over 1% each at Rs 1,677, Rs 190 and Rs 400, respectively.

...AND THE SHAKERS

Sterlite slumped 6.8% to Rs 582. Tata Steel shed 2.3% at Rs 676.

Tata Power and Ranbaxy dropped around 1.5% each to Rs 1,101 and Rs 516, respectively.

MOST ACTIVE COUNTERS

Reliance topped the value chart with a turnover of Rs 380 crore followed by Reliance Capital (Rs 360 crore), Reliance Natural Resources (Rs 288.50 crore), ICICI Bank (Rs 220 crore) and Essar Oil (Rs 203.65 crore).

Reliance Natural Resources led the volume chart with trades of around 2.75 crore shares followed by Ispat Industries (2.07 crore), IFCI (1.27 crore), Reliance Petroleum (1.02 crore) and Kashyap Technologies (92.40 lakh).

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - S&P reaches 7-month high before hitting wall - World Bank President Zoellick to step down on June 30 - Oil cos cut jet fuel prices by Rs 350/kl - Telcos operating profit to rise 5% in 2 yrs: Crisil - PESB recommends SS Narsing Rao for CIL's top slot

Read Business news in  Advertisements -  Now property search gets more exciting than ever before! -  High Growth Business Opportunities in Africa - Register to explore -  We live for our family. have you secured them? -  Earn fuel worth Rs.2400 with Citi -  India's No. 1 Property Site. Click here to know more.. -  Get 5% cashback on telephone bills with Citi -  Diseases earlier, Saving Costs, Extending Lives. Know More.. -  Enjoy the journey as much as the destination. click to know more.. -  Exim Bank Conclave on India - Africa Project Partnership. Know more.. -  Medium-sized businesses are the engines of a smarter planet. -  Be part of it The World's Largest Aircraft. -  Creating Wealth made simple the SIP way. Know more.. -  Only Developer to give a guarantee on time space & rate. -  Office 365 for professionals and small businesses. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Win a Business Class Ticket to Europe..Know more.. -   Introduce a New Automotive Luxury Car.. know more -  Health is Wealth..... Insurance + Savings... Know More...