Sensex regains 17K mark

The Sensex has now re-gained the 17,000 mark and is now at 17,007, up 376 points.

The NSE Nifty is at 5,061, up 119 points.
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(Updated at 1214hrs)

The Sensex soared to a high of 16,963 on the back of strong Q2 GDP numbers. The index is now at 16,951, up 319 points.

The NSE Nifty is at 5,041, up 99 points.

Tata Motors has advanced 4.5% to Rs 657. Tata Steel and Sterlite soared 4% each to Rs 567 and Rs 138, respectively.

Jaiprakash Associates, Bharti Airtel, Tata Power and ICICI Bank added over 2.5% each at Rs 221, Rs 292, Rs 1,361 and Rs 874, respectively.

The other prominent gainers include Mahindra & Mahindra, HDFC, ONGC, DLF and TCS, up 2% each.

All the sectoral indices are now in green, the metal index has soared 3% to 16,241, followed by realty and TECk indices, up over 2% each.

The market breadth is positive, out of 2,523 shares traded, 1,903 have advanced and 559 have declined on the BSE so far.