Mumbai: The BSE Sensex on Thursday rallied by 200 pts to open at 48,877.78 as fresh buying was seen in Materials, Capital Goods, Finance, Health Care and Industrials stocks.
The Nifty too rose by 50 pts to 14,668.
The Sensex registered intra days high and low at 48,898.68 and 48,690.95 pts respectively.
The Mid Cap moved up by 0.39 pc and Small Cap by 0.17 pc.
In 30 scrips 18 advanced while 12 declined.
The gainers were Bajaj Auto by 1.89 pc to Rs 3916.30, ITC by 1.31 pc to Rs 204.20, ONGC by 1.22 pc to Rs 112.40, Bajaj Finance by 1 pc to Rs 5572.10 and Titan by 0.90 pc to Rs 1440.45.
The losers were Bharti Airtel by 0.28 pc to Rs 555, HCL Technologies by 0.79 pc to Rs 902.50, Asian Paints by 0.55 pc to Rs 2553.40, Axis Bank by 0.50 pc to Rs 713.60 and ICICI Bank by 0.37 pc to Rs 600.45.