Late selling in the market saw the Sensex close seven points lower at 9,374.
The Sensex opened with a smart positive gap of 17 points, and thereafter did not bother to look back.
Infosys, Reliance Industries, TCS, HDFC, HDFC Bank, Maruti, SBI, IndusInd Bank and Kotak Bank led the gains on the Sensex, rising up to 2.53 per cent.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
The lumbering Ambassador and Fiat cars, it ruled the Indian roads throughout the 1970s, while the Rajdoot and Jawa as well as the old Royal Enfield motorcycles trailed far behind.
Maharashtra Scooters hit the 10% upper deck at Rs 86.95 today boosted by reports that Kolkata-based jute industrialist Joy Kankaria is eyeing a 27% stake in the company. \n\n\n\n
Riding on the back of easy availability of finance schemes and improved macro economic indicators, the segment has grown by a strong 16 per cent and further strengthened its position in the overall two-wheeler market pie.
India's second-biggest motorcycle maker Bajaj Auto would launch a motorcycle in the executive segment within a year and aims to post upto 7 per cent sales growth to 1.5 million units this year, a top company official said today.
While Vedanta was the biggest gainer in the Sensex pack rallying 4.67 per cent, others included Tata Steel, ONGC, NTPC, Yes Bank, Infosys, Sun Pharma, Bharti Airtel, SBI, Bajaj Finance, L&T and RIL, rising up to 4.13 per cent.
Honda Siel's mid-size car City, Ford's Endeavour sports-utility-vehicle and Bajaj Auto's Wind motorcycle bagged the top honours at the 3rd CNBC Autocar awards in New Delhi.
Reflecting the bullish mood, all sectoral indices ended with gains, led by auto, oil and gas, FMCG, IT and teck. The broader NSE Nifty, after crossing the 10,600-mark, settled 68.40 points, or 0.67 per cent higher at 10,598.40.
India's largest two and three-wheeler manufacturer Bajaj Auto rode away with more than three awards at the recently held BBC Wheels Awards 2003.
Italian engine maker Lombardini is in talks with automakers like Bajaj, and Mahindra and Mahindra for the supply of diesel engines and said it would make India its export hub.
Both the indices closed at five-month highs, led by financial services, IT and metal stocks, amid persistent foreign fund inflows.
The NSE Nifty too soared by 118 points to close at 3641.
The Sensex ended up 48 points at 28,386 and the Nifty gained 13 points to close at 8,476.
Eminent industrialist and chairman and managing director of Bajaj Auto Ltd, Rahul Bajaj has been appointed as chairman of the board of directors of the Indian Institute of Technology, Bombay.
India's largest motorcycle maker, Hero Honda Motors on Wednesday said sales rose 15 per cent in November 2004.
The Sensex opened with a positive gap of 19 points at 11,326. It is now down 46 points at 11,261.
India's largest motorcycle maker, Hero Honda Motors Ltd, launched its cheapest 100 cc motorbike yet on Wednesday, hoping to blunt competition from main rival Bajaj Auto Ltd.
The Sensex, which, scaled a new summit of 10,305, pared gains towards the close and finally finished with a marginal gain of 20 points at 10,244.
The Sensex touched a new all-time intra-day high at 10,196, and finally closed with a smart gain of 89 points at 10,168.\n
The Sensex ended with a huge gain of 1.6% or 91 points at 5,766, and the Nifty closed 36 points higher at 1,806.
Infosys has reclaimed the top spot from ITC on the funds' popularity chart, according to an analysis by Crisil.