The 30-share Sensex ended up 157 points at 17,234 and the 50-share Nifty ended up 47 points at 5,205.
During the day, the benchmark index had touched the day’s high at 17,259 and the day’s low at 17,107.
From the Oil & Gas space, Index heavyweight Reliance Industries (RIL) gained nearly 4% after the company announced that the share buyback programme will begin from February 1, 2012. Metal stocks like Sterlite, Tata Steel, Hindalco Industries and Hindustan Zinc surged between 2-6%
Steel Authority of India (SAIL) surged 7% to Rs 105.2, on reports that the state-owned company will spend about Rs 14,500 crore on capital expenditure in the next fiscal year.
IT stocks like Infosys and TCS gained by nearly 1-2% each.