The Indian market yesterday ended with a flourish on account of aggressive all-round buying in the last 40-odd minutes of trade.
The Sensex rallied to hit a fresh day's high at 28,784 at the fag end of the day and finally ended with a gain of 299 points at 28,736.
The NSE Nifty touched a high of 8,743 and a low of 8,631 before settling with a solid 90-point gain at 8,723.
Among sectors, the Pharma index surged nearly 2 per cent at 12,717. The Bank Nifty, Auto, Energy, FMCG, Infrastructure and Metal indices also finished with gains of over a per cent each.
Pharma stocks were the major gainers on reports of that National Pharmaceutical Pricing Authority (NPPA) has fixed/ revised the prices for 509 formulation packs. Cadila Healthcare zoomed over 7 per cent to Rs. 1,702, and Piramal Enterprises surged 6.3 per cent to Rs. 888.
IPCA Labs soared over 5 per cent to Rs. 771. Dr.Reddy's rallied 3.5 per cent to Rs. 3,431. Strides Arcolab and Biocon advanced around 2.5 per cent each. Apollo Hospitals, Cipla, Aurobindo Pharma, Divis Labs, Sun Pharma, Ranbaxy and Wockhardt were up -2 per cent each.
Banking shares were the major movers in the late flurry. IndusInd Bank zoomed 3.5 per cent to Rs. 907 and Axis Bank jumped 2.5 per cent to Rs. 583. Federal Bank, Yes Bank, Kotak Bank, ICICI Bank and Bank of India were up 1-3 per cent each.
Among other frontline stocks - Larsen & Toubro, Tata Motors and HDFC advanced around 2.5 per cent each to Rs. 1,722, Rs. 570 and Rs. 1,336, respectively.
Heavyweights Reliance Industries and ITC added 1.5 per cent each to Rs. 856 and Rs. 341, respectively.
Jindal Steel & Power was the major loser. The stock tumbled over 8 per cent to Rs. 175 on news reports that the government is expected to reject two bids from the company for its Gare Palma and Tara coal fields.
HCL Technologies and Infosys declined a per cent each to Rs. 2,037 and Rs. 2,245, respectively.
The Sensex rallied to hit a fresh day's high at 28,784 at the fag end of the day and finally ended with a gain of 299 points at 28,736.
The NSE Nifty touched a high of 8,743 and a low of 8,631 before settling with a solid 90-point gain at 8,723.
Among sectors, the Pharma index surged nearly 2 per cent at 12,717. The Bank Nifty, Auto, Energy, FMCG, Infrastructure and Metal indices also finished with gains of over a per cent each.
Pharma stocks were the major gainers on reports of that National Pharmaceutical Pricing Authority (NPPA) has fixed/ revised the prices for 509 formulation packs. Cadila Healthcare zoomed over 7 per cent to Rs. 1,702, and Piramal Enterprises surged 6.3 per cent to Rs. 888.
IPCA Labs soared over 5 per cent to Rs. 771. Dr.Reddy's rallied 3.5 per cent to Rs. 3,431. Strides Arcolab and Biocon advanced around 2.5 per cent each. Apollo Hospitals, Cipla, Aurobindo Pharma, Divis Labs, Sun Pharma, Ranbaxy and Wockhardt were up -2 per cent each.
Banking shares were the major movers in the late flurry. IndusInd Bank zoomed 3.5 per cent to Rs. 907 and Axis Bank jumped 2.5 per cent to Rs. 583. Federal Bank, Yes Bank, Kotak Bank, ICICI Bank and Bank of India were up 1-3 per cent each.
Among other frontline stocks - Larsen & Toubro, Tata Motors and HDFC advanced around 2.5 per cent each to Rs. 1,722, Rs. 570 and Rs. 1,336, respectively.
Heavyweights Reliance Industries and ITC added 1.5 per cent each to Rs. 856 and Rs. 341, respectively.
Jindal Steel & Power was the major loser. The stock tumbled over 8 per cent to Rs. 175 on news reports that the government is expected to reject two bids from the company for its Gare Palma and Tara coal fields.
HCL Technologies and Infosys declined a per cent each to Rs. 2,037 and Rs. 2,245, respectively.
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