Sensex ends up 230pts; Rel Infra soars 11%

The Sensex opened 103 points lower at 9,631 on the back of negative cues from the US markets. The index, however, soon rebounded into the positive zone and touched a high of 9,850.

The index, thereafter, exhibited range-bound movement in the first half of the day. Renewed buying interest in the second half of the trading day, amid recovery in other Asian markets, saw the index move up to higher levels.

The index rallied to a high of 10,065 - up 434 points from the day's open. The Sensex finally ended with a gain of 230 points at 9,964.

The market breadth was positive - out of 2,616 stocks traded, 1,426 advanced, 1,114 declined and the rest were unchanged today.

INDEX MOVERS...

Reliance Infrastructure zoomed 11% to Rs 561. Hindalco soared 6.6% to Rs 60.

Reliance Communications surged 5.5% to Rs 228, and TCS rallied nearly 5% to Rs 525.

NTPC and Jaiprakash Associates moved up 4.7% each to Rs 151 and Rs 88, respectively.

Reliance gained 4% at Rs 1,218. DLF, ITC and Sterlite advanced around 3.5% each to Rs 281, Rs 175 and Rs 246, respectively.

Satyam, ACC and Wipro were up around 3% each at Rs 278, Rs 479 and Rs 260, respectively.

...AND THE SHAKERS

Mahindra & Mahindra slipped nearly 2% to Rs 372.

VALUE & VOLUME TOPPERS

Reliance topped the value chart with a turnover of Rs 292.70 crore followed by Suzlon (Rs 183.75 crore), SBI (Rs 160 crore), Reliance Capital (Rs 151.71 crore) and ICICI Bank (Rs 123.50 crore).

Suzlon led the volume chart with trades of around 2.73 crore shares followed by GVK Power (2.23 crore), Reliance Natural Resources (1.11 crore), HDFC (87.15 lakh) and Tata Teleservices (79.35 lakh).