After opening 33 points lower at 10,305, the Sensex slipped to a low of 10,116 - down 222 points - in early trades. The index thereafter recovered and displayed lacklustre movement for most of the noon session.

However, a fresh round of buying in late noon trades saw the index rally to a high of 10,668 - up 552 points.

The Sensex finally ended with a gain of 293 points at 10,631.

The NSE Nifty ended at 3142, up 98 points.

The BSE Realty index surged over 12% to 2,402. The Bankex rallied 6.6% to 5,741, and the Power index gained 5.7% at 1,781. The BSE IT index, however, slipped 4.3% to 2,750.

The market breadth was fairly positive - out of 2,655 stocks traded, 1,809 advanced, 777 declined and the rest were unchanged on Tuesday.

INDEX MOVERS...

DLF zoomed nearly 15% to Rs 290. Ranbaxy [Get Quote] and Jaiprakash Associates [Get Quote] soared nearly 10% each to Rs 209 and Rs 89, respectively.

Tata Power [Get Quote] surged 8.3% to Rs 751. Reliance Communications [Get Quote] and ITC rallied 7.7% each to Rs 251 and Rs 171, respectively.

ONGC [Get Quote] gained over 7% at Rs 761. ICICI Bank [Get Quote], SBI [Get Quote] and Tata Steel [Get Quote] advanced 6.5% each to Rs 459, Rs 1,321 and Rs 240, respectively.

BHEL moved up 5.5% to Rs 1,413. Bharti Airtel [Get Quote] and Mahindra & Mahindra were up over 4% each at Rs 717 and Rs 400, respectively.

HDFC Bank [Get Quote], Hindustan Unilever and Larsen & Toubro are up around 3.5% each at Rs 1,111, Rs 246 and Rs 923, respectively.

...AND THE SHAKERS

Satyam [Get Quote] and TCS [Get Quote] slumped 7.5% each to Rs 278 and Rs 508, respectively.

Wipro [Get Quote] plunged nearly 5% to Rs 263, and Infosys [Get Quote] shed 3.3% at Rs 1,333.

Sterlite slipped 2% to Rs 289, and ACC was down 1% at Rs 506.

MOST ACTIVE COUNTERS

Reliance topped the value chart with a turnover of Rs 279.80 crore followed by Suzlon [Get Quote] (Rs 206.25 crore), SBI (Rs 186 crore), Reliance Capital [Get Quote] (Rs 184.80 crore) and ICICI Bank (Rs 151.50 crore).

Suzlon led the volume chart with trades of nearly four crore shares followed by Cals Refineries (2.31 crore), Unitech (1.71 crore), Reliance Natural Resources [Get Quote] (1.70 crore) and GVK Power (1.66 crore).