Sensex up over 121pts on fresh buying

The Sensex has firmed up and now gained 121 points at 8,321.

Earlier in the day, the index opened 94 points lower at 8,104, and soon touched a low of 8,047. The index, thereafter, rebounded and rallied to a high of 8,265.

HDFC has surged 4.5% to Rs 1,202. Jaiprakash Associates has soared nearly 4% to Rs 69.

Wipro and Hindalco have rallied around 3.5% each to Rs 214 and Rs 39, respectively.

ONGC, TCS and NTPC have gained around 2.5% each at Rs 668, Rs 475 and Rs 177, respectively.

Reliance Communications, Reliance Infrastructure and Tata Steel too have moved up around 2.5% each to Rs 139, Rs 453 and Rs 156, respectively.

Larsen & Toubro and Infosys have added 2.3% to Rs 582 and Rs 1,210, respectively.

BHEL and Sun Pharma are up 2% each at Rs 1,311 and Rs 1,017, respectively.

Hindustan Unilever and Maruti have plunged over 2% each to Rs 225 and Rs 653, respectively.

Ranbaxy has dropped nearly 2% to Rs 142, and ITC has slipped 1.5% to Rs 165.
 
The market breadth continues to remain fairly negative - out of 2,404 stocks traded, 1,489 have declined, 819 have advanced and the rest are unchanged.