The Sensex opened 38 points lower at 9,794, and soon touched a low of 9,790. The index, thereafter, exhibited range-bound movement for most part of the trading day.
Fresh buying in late trades saw the index rally past the 10,000-mark to a high of 10,009. The Sensex finally ended with a gain of 145 points at 9,977.
The NSE Nifty ended at 3,042, up 61 points.
The BSE PSU index soared 5% to 5,129, and the Oil & Gas index surged 3.3% to 6,554.
The market breadth was fairly positive - out of 2,581 stocks traded, 1,866 advanced, 648 declined and the rest were unchanged on Tuesday.
INDEX MOVERS...
ONGC [Get Quote] soared 6% to Rs 714. Grasim [Get Quote] surged over 4.5% to Rs 1,228.
ACC and Tata Motors [Get Quote] rallied 4.3% each to Rs 536 and Rs 165, respectively.
HDFC Bank [Get Quote] advanced over 4% to Rs 984. Reliance and NTPC moved up 3.5% each to Rs 1,387 and Rs 174, respectively.
SBI [Get Quote] gained 2.8% at Rs 1,238. Ranbaxy [Get Quote] and TCS [Get Quote] added 2.5% each to Rs 219 and Rs 481, respectively.
Infosys [Get Quote], Wipro [Get Quote] and BHEL were up 2% each at Rs 1,123, Rs 239 and Rs 1,401, respectively.
...AND THE SHAKERS
Sterlite slumped 7% to Rs 286. HDFC plunged over 4% to Rs 1,545.
Reliance Infrastructure tumbled 2.5% to Rs 637. Reliance Communications [Get Quote] shed over 2% to Rs 234.
DLF and Larsen & Toubro slipped 1.3% each to Rs 277 and Rs 810, respectively.
Tata Steel [Get Quote] and Mahindra & Mahindra were down 1% each at Rs 225 and Rs 300, respectively.
MOST ACTIVE COUNTERS
Reliance topped the value chart with a turnover of Rs 401.40 crore followed by HDIL (Rs 191.60 crore), SBI (Rs 163.80 crore), Educomp Solutions [Get Quote] (Rs 150.75 crore) and Reliance Infrastructure (Rs 131.20 crore).
Reliance Natural Resources [Get Quote] led the volume chart with trades of around 1.92 crore shares followed by Suzlon [Get Quote] (1.80 crore), Unitech (1.52 crore), HDIL (1.40 crore) and IFCI (1.14 crore).