The stock market bellwether Sensex rallied for the third straight day, adding 197 points, on heavy buying in the country's most valued firm Reliance Industries, besides blue chip realty companies.
The stock market bellwether Sensex rallied for the third straight day, adding 197 points, on heavy buying in the country's most valued firm Reliance Industries, besides blue chip realty companies.
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The Sensex, which tested an intra-day high of 9,700 points, ended with a gain of 196.86 points at 9,667.90. It touched the day's high of 9,706.47 and a low of 9,430.45.
The wide-based National Stock Exchange index Nifty also ended higher by 45.65 points to 2,984.35, after rising to 2,996.50 and a low of 2,923.30 points.
Trading activity picked up on favourable reports in the market-heaviest Reliance Industries as also second biggest software exporting firm Infosys on strengthening dollar.
RIL was up 5.63 per cent at Rs 1,533.40 following reports the company has reached agreement with fertiliser firms on sale of gas from its eastern offshore KG-D6 fields. Realty index closed up 6.32 per cent at 1,691.67 points, with DLF surging 6.22 per cent at Rs 176.65.
The market remained volatile as major players indulged in adjusting their pending positions ahead of the expiry in current month derivative segment.
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