Sensex soars 457.41 points |
The Mumbai share market made a stunning comeback as the sensex on Nov 8 rallied 457 points -- its biggest one-day gain in over six weeks -- to close at almost one-month high of 26,694, in line with ECB-induced global rally amid a stronger rupee.Nifty too topped the psychological 8,200 mark.Investors got their confidence level back, thanks to higher opening in Europe on expectations that the European Central Bank (ECB) would extend its monetary stimulus. The rupee, at 67.32 notched up gains against the dollar (intra-day), which fuelled buying.The 30-share barometer stayed in the green throughout to hit the day`s high of 26,733.87 following all-round buying. It ended at 26,694.28, up 457.41 points, or 1.74 per cent -- its biggest single-day gain since October 18 when it had rallied 520.91 points. This is the highest closing since November 11.day.
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