The Sensex opened marginally higher at 14,415, and moved in a narrow range for most of the morning session. Profit-taking in noon deals saw the index drop to a low of 14,406.

Buying in select scrips like Reliance Energy [Get Quote], SBI [Get Quote] and BHEL saw the index hit a high of 14,526 towards the closing bell.

The Sensex finally closed with a gain of 87 points (0.61%) at 14,499. NSE Nifty is up 23 points at 4,272.

The BSE Capital Goods Index zoomed over 2% (237 points) to 11,737. The BSE Auto, Metal and PSU indices also finished on a strong note.

The broad market breadth was positive - out of 2,653 scrips traded, 1,437 logged gains and 1,132 declined today.

Index gainers & losers

Reliance Energy zoomed over 4% (Rs 22) to Rs 560. L&T, which had gained close to 6% in intra-day deals, closed with a gain of nearly 4% (Rs 79) at Rs 2,107. BHEL gained 3.6% (Rs 52) to Rs 1,482.

SBI added over 1% to Rs 1,445. Hindalco [Get Quote], Reliance Communications [Get Quote] and HDFC [Get Quote] closed with gains of over 2% each today.

Hero Honda and Maruti [Get Quote] declined 1% each to Rs 661 and Rs 761, respectively.

Oil scrips logged gains after the union cabinet approved a proposal by Lakshmi Mittal to take 49% stake in the Bhatinda refinery being planned with HPCL [Get Quote].

HPCL gained close to 4% at Rs 273. BPCL [Get Quote] was up over 4% at Rs 348. IOC and Chennai Petro also closed with gains.

Most active counters

Time Technoplast was the most active counter with a turnover of Rs 329 crore followed by Divi's Lab (Rs 222 crore), L&T (Rs 145 crore), SBI (Rs 116 crore) and Educomp (Rs 108 crore).