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Sensex ends 129 points higher at 8,073

     Mumbai: The stock markets on Wednesday closed on a buoyant note due to sudden buying spree promoted mainly by shortcovering by Foreign Institutional Investors (FII) which reported heavy net sales during October. The Bombay Stock Exchange (BSE) 30-share sensitive index closed 128.65 points higher at 8,072.75 as compared to Monday's close of 7,944.10 point recording a rise of 1.62 per cent. In the broader market, the National Stock Exchange (NSE) Nifty closed 32.30 points higher at 2,419.05. Index heavyweights like RIL, Infosys Technologies, HLL, Bharti Tele-Venture, HDFC, Tata Steel, L&T, Satyam Computers, Grasim and Bajaj Auto recorded sharp gains during the day. Larsen & Toubro at Rs 1,509 that gained 6.7 per cent or Rs 94 followed by Grasim Industries, which firmed up by 4.7 per cent were the biggest gainer of the day. However, Maruti Udyog HDFC Bank, SBI, Tata Motors, Cipla and ONGC closed in the red. The Sensex has gained more than 250 points so far this week, after losing nearly 1200 points since surging to an all-time intraday high of 8,821.84 on October 5, 2005.