The 30-share index BSE Sensex continued its positive rally on account of good buying action witnessed across sectors.

However, a few blue chip stocks went down sharply on selling pressure.  

At 1:17 p.m, the BSE Sensex gained 265.07 points at 15,226.14, while NSE Nifty stood at 4566.25, up 63.40 points.

The overall market breadth was positive.

Maruti Suzuki surged up to the top position on the Sensex gainers list once again. At Rs 662, the automobile stock zoomed as much as 7.75% over its earlier closing price. HDFC Bank was up with a sharp gain of 5.3%.

BHEL, ACC, Tata Motors, Bharti Airtel, ICICI Bank, Larsen & Toubro, Grasim Industries, Tata Consultancy Services and Sterlite Industries gained by 2% - 4.5%.

Infosys Technologies, Hindustan Unilever, Satyam Computer Services, ONGC, Reliance Industries, Mahindra & Mahindra and Reliance Communications hold on in the positive zone with sharp gains.

IT stocks i-flex Solutions and HCL Technologies topped the losers’ list in BSE ‘A’ Group, whereas the former slipped 6.2% at Rs 1356, the latter suffered a loss of 5.2% at Rs 228.

JSW Steel dropped 4.25%. Nalco, Tata Power, Bank of Baroda, Ispat Industries, Jindal Steel, Jai Corp and Siemens were down by 2% - 3.5%.

Titan Industries, United Phosphorus, Tata Steel, Gujarat Minerals, Chambal Fertilizers & Chemicals, Power Grid Corporation, Hindustan Zinc, Aban Offshore, Sun Pharmaceuticals and Hero Honda fell sharply.

Midcap stock Jai Balaji Industries dropped 6.6% to Rs 287.80 on profit taking. Prakash Industries, Texmaco, Allied Digital, Plethico Pharma, Balaji Telefilms, Puravankara Projects, PTC India, Dena Bank, Gujarat State Fertilizers & Chemicals, Gujarat Fluorochemicals, Coromandel Fertilizers, OnMobile Global, Development Credit Bank and J&K Bank were included in the prominent losers’ list in the Midcap index.