The Sensex opened with a significant positive gap of 155 points at 15,088, thanks mainly to smart rally in the technology stocks on hopes of a drop in rupee value following the government's move to restrict foreign inflows.

The index continued to move northwards as buying spread to other sectors. The Sensex touched a high of 15,340, before settling with a significant gain of 375 points at 15,308. NSE Nifty ended at 4,462, up 106 points.

The BSE IT index zoomed over 4% to 4808. The Oil & Gas index soared over 3% to 8049.

The market breadth was extremely bullish - out of 2,722 stocks traded, 1,977 advanced, 694 declined and 51 were unchanged today.

TECHIES LEAD...

Infosys [Get Quote] surged 4.7% to Rs 1,968. TCS [Get Quote] soared over 4% to Rs 1,154. Wipro [Get Quote] gained 3.7% to Rs 476, and Satyam [Get Quote] added 3.5% to Rs 479.

HDFC [Get Quote] rallied 4.7% to Rs 2,066. ACC and Reliance surged 4% each to Rs 1,025 and Rs 1,876, respectively.

Ranbaxy [Get Quote] gained 3.5% at Rs 382. Hindalco [Get Quote] advanced over 3% to Rs 162. NTPC, HDFC Bank, BHEL and Reliance Energy [Get Quote] moved up around 2.5% each to Rs 171, Rs 1,172, Rs 1,712 and Rs 783, respectively.

Grasim [Get Quote], ONGC [Get Quote] and Reliance Communications [Get Quote] added 2.3% each to Rs 2,988, Rs 888 and Rs 544, respectively.

HCL Technologies [Get Quote] and Mphasis zoomed over 6% each to Rs 317 and Rs 303, respectively. Patni Computers, Financial Technologies and Tech Mahindra [Get Quote] were up 1-3% each.

MOST ACTIVE COUNTERS

Reliance topped the value chart with a turnover of Rs 265 crore followed by Everonn Systems (Rs 145.80 crore), Infosys (Rs 127.30 crore), IFCI (Rs 116 crore) and ICICI [Get Quote] (Rs 111.30 crore).

IFCI led the volume chart with trades of around 1.77 crore shares followed by Reliance Natural [Get Quote] (1.51 crore), Suryachakra (1.45 crore), Nagarjuna Fert (1.06 crore) and J P Hydro (1.01 crore).