The BSE Sensex was up 421.92 points or 2.55% to settle at 16,958.39, its highest closing level since 21 September 2011. The index jumped 450.59 points at the day's high of 16,987.06 in late trade. The index rose 72.10 points at the day's low of 16,608.57 in afternoon trade. The S&P CNX Nifty was up 125.05 points or 2.51% to settle at 5,099.40, its highest closing level since 21 September 2011. Nifty hit a high of 5,109.80 and a low of 4,997.65 in intraday trade. The BSE Mid-Cap index rose 1.4% and the BSE Small-Cap index gained 1.18%. Both these indices underperformed the Sensex.
The market breadth was strong. On BSE, 1,851 shares rose and 975 fell and a total of 110 shares were unchanged. From the 30-share Sensex pack, 27 gained, with software pivotal dominating gainers.
FOR TODAY: WATCH 5168-5177 AND 5200 LEVEL ON THE UPSIDE WHEREAS ON THE DOWNSIDE, 5067-5077 ARE CRUCIAL. IF BREACHES THIS LEVEL ON THE DOWNSIDE, 5011-5015 WILL BE ACT AS STRONG SUPPORT NOW.