Sensex ends up 272pts at 16,836

The Sensex opened with a significant positive gap of 134 points at 16,698 - up 134 points from the previous close. After extending gains in early trades the index pared some gains and touched a low of 16,600.

The index, thereafter, exhibited steady upmove on the back of unabated buying in heavyweights like Reliance, ICICI Bank, Bharti Airtel, Reliance Communications and NTPC. The index touched a fresh all-time intra-day high of 16,848.

The Sensex finally ended (provisional) with a gain of 272 points at 16,836.