The Sensex gained 446.8 points or 4.5 percent touching a new high for 2009 on Thursday, April 02. Investors were buying stocks encouraged by global markets gaining strength. The Nifty index closed at a six-month high of 3,211.05 on the same day. ...

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The Sensex closed above the psychological mark of 10,000 on 26 March after more than two and a half months. The gain was part of the worldwide rally. It is seen as a hopeful sign of risk aversion reversing, with the US currency’s depreciation leading to money moving out of sovereign securities to commodities and equities. ...

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