Sensex soars 135 pts to near 2-wk high, ONGC jumps 4%

Update: 2013-02-20 23:33 GMT
Helped by fag-end buying, the Bombay Stock Exchange benchmark Sensex on Tuesday clocked a rise of 134.64 points to end at nearly two-week high level of 19,635.72 on smart gains in ONGC, Infosys, TCS and ICICI Bank amid firming European trend.

Shares of Realty, IT, Healthcare, Power Teck, PSU and Oil&Gas firmed up sharply on good buying enquiries as the sectoral indices were up in 1.03-1.90 per cent range.

The 30-share Sensex resumed higher at 19,523.70 and shot up to the day's high of 19,671.17. It finally ended the day at 19,635.72, registering a gain of 134.64 points or 0.69 per cent. This is the highest close since 19,639.72 on 6 February.

ONGC, which gained 4.03 per cent on Tuesday, led the 22 Sensex gainers. IT stocks were also in limelight with Infosys, TCS and Wipro gaining in 1.2-1.9 per cent range on heavy buying.

Defensive counters like ITC, HUL, Cipla and Dr Reddy’s also attracted investors. ICICI Bank and SBI closed up. Bajaj Auto and Maruti gained over 2 per cent each.

The NSE 50-share Nifty rose by 41.50 points or 0.70 per cent to finish at 5,939.70.

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