The BSE sensitive index recovered from the day's low of 4575.99 to finish at 4621.00, showing a net gain of 62.77 points from the previous close of 4558.23. The BSE-100 index shot up by 37.42 points to 2072.01 from the previous close of 2034.59.

After witnessing smart rally in cement shares yesterday, it was the turn of aluminiums shares today. Indal, Hindalco and Madras Alumunium were in the limelight. Besides, select pharma and cement shares also gained smartly. The smart upsurge in Hindustan Lever largely contributed to the Sensex rise.

In the specified group, 23 scrips including key shares like Wartsila, Sterlite, Sun Pharma, BSES, Grasim, HDFC, Smithkl Pharma, Wockhardt and United Phosp hit the upper circuit breaker after exhausting the daily limit. Ranbaxy Lab clocked thehighest turnover of Rs 228.92 crore of the total volume of business of Rs 2169.38 crore. Ranbaxy advanced by Rs 12 to Rs 988. Telco gained up by Rs 14.40 to Rs 277.05, Pentafour Software by Rs 46 to Rs 665, ACC by a rupee to Rs 243, Zee Telefilms by Rs 74 to Rs 2572, Hindustan Lever by Rs 51.55 to Rs 2605.05, ITC by Rs 3 to Rs 954, TISCO by Rs 1.70 to Rs 138.95, SBI by Rs 1.90 to Rs 240.85 and Reliance by Rs 1.80 to Rs 172.50 on buying support.

Meanwhile on the NSE, share prices rallied further on the last day of the current settlement following increased buying by foreign institutional investors (FIIs), pushing the Nifty further up by nearly 13 points. The market opened on an optimistic note and equities rallied further towards the fag end and registered smart gains. The S&P Cnx Nifty started higher at 1310.30 and rose further sharply to close at 1322.70, showing a smart rise of 12.80 over the last close of 1309.90.