The Sensex opened with a huge positive gap of 231 points at 13,581, which also turned out to be the low for the day. Sustained buying across-the-board saw the index zoom to a high of 13,998 - a gain of nearly 650 points from the previous close of 13,450.

The Sensex finally closed with a huge gain of 615 points (4.6%) at 13,964.

The BSE Realty index zoomed over 6% (280 points) to 4,901. The BSE Power index was up over 5% at 2,456. All the other sectoral indices also finished with gains today.

Market breadth was extremely bullish - out of 2,725 scrips traded, over 2,125 logged gains.

Reliance Infra gained nearly 11% at Rs 835. Jaiprakash added 10% at Rs 173.

Tata Motors advanced over 7% to Rs 404. ITC was up nearly 7% at Rs 183. RCom was up 6% at Rs 441.

Reliance gained 5% at Rs 2,080. TCS, HDFC Bank, BHEL, Bharti and Infosys also closed with gains of 5% each.

Reliance Capital was the most active counter with a turnover of Rs 255 crore followed by Reliance (Rs 255 crore), Reliance Infra (Rs 198 crore), RNRL (Rs 183 crore) and Mundra Port (Rs 128 crore).

Updated at 1415 hrs: The Sensex has zoomed over 595 points (4.46%) to 13,946.

The BSE Realty has advanced over 6% to 4,898. Bankex, Power and FMCG indices are also up 4-5% each.

Market breadth continues to be extremely bullish - out of over 2,600 scrips traded, over 2,050 have logged gains.

Reliance Infra and Jaiprakash are up over 11% each at Rs 839 and Rs 175, respectively.

RCom and ITC have gained over 7% each at Rs 447 and Rs 184, respectively.

Reliance has moved up 4% to Rs 2,064. Tata Motors, ICICI Bank and HDFC are also trading with gains.

Updated at 1345 hrs: The Sensex is now moving in a narrow range, and is now up over 480 points (3.62%) at 13,833.

Market breadth continues to be extremely bullish - out of nearly 2,600 scrips traded, over 2,000 have logged gains.

Reliance Infra has advanced over 10% to Rs 832. Jaiprakash has gained over 9% at Rs 172.

RCom is holding 7% gain at Rs 445. ICICI Bank is still up over 5% at Rs 627.

ITC, Reliance, BHEL, Tata Motors and DLF are also trading with gains.

Updated at 1330 hrs: The Sensex has moved up nearly 490 points (3.65%) to 13,837.

Market breadth is extremely bullish - out of 2,575 scrips traded, over 2,000 have logged gains.

Reliance Infra and Jaiprakash are steady at Rs 827 and Rs 171, respectively - up 9% each. RCom has zoomed 7% to Rs 445.

ITC, Bharti, ICICI Bank and DLF are trading with gains of over 5% each.

Reliance is now up 3.5% at Rs 2,050. L&T, TCS, ACC and Maruti are also trading with gains.

Updated at 1300 hrs: The Sensex is moving in a narrow range, and is still up over 425 points (3.2%) at 13,776.

Market breadth continues to be bullish - out of over 2,530 scrips traded, 1,975 have logged gains.

Reliance Infra is still up 9% at Rs 821. Jaiprakash is also holding 8% gain at Rs 171.

ICICI Bank and ITC are holding 5% gains at Rs 624 and Rs 180, respectively.

Reliance is steady at Rs 2,042 - up 3%. L&T, Bharti, RCom and Tata Motors are also trading with gains.

Updated at 1240 hrs: The Sensex is still up over 440 points (3.32%) at 13,793.

The BSE Realty, Power and Bankex are holding over 4% gains at 4,839, 2,430 and 6,140, respectively.

Market breadth continues to be bullish - out of nearly 2,500 scrips traded, over 1,975 have logged gains.

Reliance Infra has zoomed over 9% to Rs 823. Jaiprakash has moved up 8% to Rs 170. ICICI Bank is still up over 5% at Rs 627. ITC has moved up 5% to Rs 180.

Reliance is steady at Rs 2,044 - up over 3%. HDFC, DLF, Bharti and M&M are also trading with gains.

Updated at 1220 hrs: The Sensex has advanced over 450 points (3.38%) to 13,801.

Market breadth continues to be bullish - out of over 2,440 scrips traded, over 1,900 have logged gains.

Reliance Infra and Jaiprakash are up 8% each at Rs 818 and Rs 170, respectively.

ICICI Bank has gained over 5% at Rs 627. ITC, Tata Motors and BHEL are also up nearly 5% each.

Reliance is holding 3% gain at Rs 2,042. L&T is also up over 3% at Rs 2,480.

Updated at 1145 hrs: The Sensex is still up over 435 points (3.26%) at 13,785.

The BSE Realty, Bankex and Power indices are up over 4% each.

Market breadth continues to be bullish - out of over 2,350 scrips traded, over 1,800 have logged gains.

Reliance has moved up over 3% to RS 2,045. L&T is also up over 3% at Rs 2,477. SBI has gained over 2% at Rs 1,238.

Reliance Infra, Jaiprakash, BHEL, Maruti and DLF are also trading with gains.

Updated at 1115 hrs: The Sensex is now up 410 points at 13,759.

Out of 2268 scrips traded, 1761have advanced and 446 have declined.

Rel Infra has moved up 6% to Rs 800. ICICI Bank, RCom and ITC are also trading with gains.

Hindalco is down 0.9% at Rs 144.


Updated at 1040 hrs: The Sensex is now up 442 points at 13,792.

Out of 2026 scrips traded, 1613 have advanced and 365 have declined.

ICICI Bank has moved up 6% to Rs 629. Rel Infra, RCom and ITC are also trading with gains.

Updated at 1005 hrs: The Sensex is now up 575 points at 13,925.

Out of 1311 scrips traded, 1116 have advanced and 181 have declined.

ICICI Bank has moved up 7.8% to Rs 1,500. Rel Infra, RCom and BHEL are also trading with gains.

Sensex opens 382 pts up at 13794, a 2.87% change

New Delhi: Sensex should start higher on Wednesday after a sharp fall in global oil prices boosted markets, while the withdrawal of left allies of the government revive hopes for pushing stalled economic reforms.

Oil CLc1 was trading little changed above $136 a barrel after falling more than $5 on Tuesday.

Asian stocks markets bounced as fears that inflation and the credit crisis could worsen a global slowdown eased after oil fell sharply.

By 0339 GMT, Tokyo's Nikkei was up 1.5% and MSCI's measure of other Asia Pacific stocks gained 1.9%.

"I think the market should remain positive today," said Amitabh Chakraborty, president of equities at Religare Securities.

"Yesterday, the market had given fantastic thumbs up to the left exit though it closed negative because of global factors."

Software services firms would be in focus ahead of bellwether Infosys Technologies' quarterly results on Friday. A weaker rupee in the June quarter would have boosted the revenue of the outsourcers.

"First-quarter results will surprise the markets as investors are factoring in extreme pessimism. We should see a smart short rally of 1,000 points on the corporate results," Chakraborty said.

Shares in No. 2 mobile firm Reliance Communications will be watched after the deadline for exclusive talks for a tie-up with South Africa's MTN ended on

The benchmark BSE 30-share index closed 1.3%lower at 13,349.65, recovering from early losses of as much as 3.5% in the morning before the left parties pulled out.