The benchmark indices ended on a very strong note after yesterday's steep fall. The Sensex ended 461 points or 3.14% higher at 15,127 and the Nifty settled at 4551 up 2.73% or 121 points. Among the broader indices - the BSE Midcap Index rose 3.15% or 160 points and the Smallcap Index gained 101 points or 1.67%. All sectoral indices closed in the green. Huge buying was seen in sectors like banking, realty, technology, infrastructure, pharma and metals stocks.

Movers & Shakers

The BSE Realty Index outperformed other indices. The reality index was up 6.25% or 225 points. DLF, Mahindra Life and Omaxe gained 9-10%. HDIL and Unitech were up
5-5.6%.

The BSE IT Index closed 153 points or 4.79%. Stocks like HCL Tech shot up 12.71%. TCS, Wipro and Infosys jumped 3.6-6%. Satyam Computer was locked at upper limit of 10 per cent at Rs 66.85 on the BSE. Tech Mahindra, which bought a controlling stake in Satyam, soared 25 per cent to Rs 744.

Huge buying was seen in metal stocks. The metal index was up 467 points or 4.2%. Sesa Goa was up 14.81%. JSW Steel, Tata Steel, Hindalco, SAIL, Jindal Steel, NALCO and Jindal Saw were up 3-9%.

Capital goods stocks Punj Lloyd and L&T gained 6-7%. ABB, Suzlon Energy and Siemens went up 3-5%.

In the banking space, SBI and Axis Bank gained 4% each. ICICI Bank and HDFC Bank were up 1-1.5%

Among the pharmaceutical stocks, Wockhardt, Fortis Healthcare, Ranbaxy Labs, Biocon and Dr Reddys Labs were up 3.7-14%.

Among the Sensex stocks, DLF, JP Associates and RCom were up 7-10 %.