Markets ended in the green, reversing early losses as IT giant TCS announced Q3 results.
The Sensex, after touching a low of 17,506 recouped its losses and touched an intra-day high of 17,713. The index finally ended at 17,614 - up 87 points or 0.49 per cent.
The NSE Nifty ended up 23 points, at 5,275.
Banking stocks led the rally. The BSE bankex jumped 2.4% to 10,161. However, metal index slipped in trades as metal prices in the London Metal Exchange fell.
HDFC Bank surged 4.5% to Rs 1,767. Other banking stocks advanced. ICICI Bank jumped 2.6% to Rs 863.
Hero Honda gained 4.4% at Rs 1,695. Mahindra & Mahindra added 2% to Rs 1,178. Tata Motors was up 1.5% at Rs 808.
Wipro, HDFC, Maruti Suzuki and Bharti Airtel also advanced.
TCS added 1% to Rs 800 on a better-than expected Q3 result.
However, Jaiprakash Associates dropped 1% to Rs 163 after the Q3 numbers were declared.
Grasim dropped 2% to Rs 2,787. Tata Steel and Tata Power declined 1% each.
Reliance slipped 1% to Rs 1,100.
