The Sensex touched the day’s high of 18,600.30 as market heaviest Reliance Industries, Infosys Technologies and Tata Steel recorded handsome gains.

Reliance Industries shot up by Rs. 27.60 to Rs. 953.20 and second heavy-weight Infosys Technologies by Rs. 59.85 to Rs. 2,831.50. Tata Steel rose by Rs. 35.65 to Rs. 575.60 and ICICI Bank by Rs. 38.05 to Rs. 1,037.70. At close, the BSE Sensex rose 338 points to 18,560 and the NSE Nifty added 97 points to 5,577. The benchmark indices gained close to 2 per cent in today's trade jumping to new 52-week highs.

We are strongly suggest that Nifty will move 5600 with in next 4-5 months.The Nifty too slowly marched towards 5600 level, rallying 100 points during the day.