Following a fall of just over 100 points yesterday, the Bombay Stock Exchange 30-share index showed some resilience today, as it was told that the BSE benchmark Sensex moved up by 149 points to 16,862.81.

Perhaps the rally was triggered by high buying activity by investors in the shares of biggies like Reliance Industries and Infosys. However, if market experts are to be heard, positive opening in the embattled European market in addition to ramped activity at lower end in some of the robust shares had given the much deserved push to the Indian market.

Well if that was not enough, the National Stock Exchange index Nifty was seen moving up to 5,064.30, after it strike the day’s low of 4,942.90.

The most accounted report that came to notice was that the two most reliant of all the stocks, Reliance Industries and Infosys, experienced the maximum activity, with investors relying on the strong fundamentals.

It was seen that RIL moved up by 4.05 % to Rs 820.85 while Infosys went up by 1.75 % to Rs 2,303.40.

Moreover, there were others who were seen facing their share of gain in the market starting with Jindal Steel, Mahindra and Mahindra, Maruti Suzuki, Tata Motors, TCS, BHEL, HDFC Ltd, ICICI Bank, and Larsen and Toubro