Sensex ends 365pts higher

The Sensex has finally ended (provisional) at 17,008, up 365 points.

The NSE Nifty has finally ended (provisional) at 5,048, up 103 points.
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(Updated at 1514hrs)

The Sensex has extended gains to touch a high of 17,068. The index is now at 17,061, up 418 points.

The Nifty is at 5,059, up 119 points.

Reliance Infrastructure has surged 5.5% to Rs 1,364. SBI and ITC have advanced over 4.5% each to Rs 2,164 and Rs 259, respectively.

Reliance, TCS, Wipro and Mahindra & Mahindra have advanced over 3% each.

The market breadth is positive, out of 2,803 shares traded, 1,631 have advanced and 1,084 have declined so far on the BSE.

The BSE IT  index has increased 3%, followed by TECk and oil & gas indices, up over 2.5% each.