Mumbai, May 10 (PTI) The Bombay Stock Exchange benchmark Sensex today registered its biggest single day gain of 561 points in ten months after EU and IMF agreed on a 1 trillion dollar emergency fund for the Union to help contain the region's credit crisis.
The Sensex, which lost over 788 points over the past five sessions, bounced back by 561.44 points to 17,330.55 on positive Asian cues.
Marketmen said European Central Bank's announcement that it will intervene in the public and private bond markets in an effort to help stave off a sovereign-debt crisis bolstered trading sentiment.
Of the 30-BSE index components, 25 stocks gained while six ended in the negative. The uptrend was further fueled by a higher closing in Asian stock markets and better opening in Europe.
The wide-based National Stock Exchange index Nifty shot up by 175.55 to 5,193.
Monday, May 10, 2010
BSE-Sensex gains most in a day in a 10 months period
STAFF WRITER 16:36 HRS IST
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