Money on the markets
A maturing market amid the mayhem
The 50-share Nifty gained over 100 points to close at 4,655.
Leading the rally were L&T, Reliance Industries, HDFC Bank and BHEL.
Satyam shares hit a 10 percent upper circuit for the second day in a row and closed at 73.5 rupees. Tech Mahindra rose over 5 percent after an over 25 percent rally on Tuesday.
Among sectoral indices, capital goods, power and banking registered smart gains. However, the realty index traded weak and ended down over 1 percent with HDIL, Sobha Developers and DLF slipping.
Shares of Everonn Systems surged over 27 percent. In some mid-cap action, Asian Hotels jumped 20 percent and Prism Cement gained 15.8 percent.