Biggest rally by Sensex; up 894 points

Biggest rally by Sensex; up 894 points

Market ends with monster gains: Sensex up 900 pts

Biggest-ever rally for Sensex

The Sensex opened with a positive gap of 302 points at 19,337 on the back of smart gains in the global markets. Unabated buying in the market saw the index rally to higher levels as the day progressed.The Sensex touched a high of 19,988, and finally settled with a huge gain of 894 points (4.7%) at 19,929 -- the biggest-ever single-day gain in absoule terms for the index. Adding the 300-point gain on Tuesday, the index has nearly regained the 1,200 points it had lost in six sessions till Monday. The NSE Nifty ended at 5,938, up 243 points.
BIGGEST SINGLE-DAY GAINS

Date
Close
Prv Cls
Net Chg
% Chg

14-Nov-07
19929.06
19035.48
893.58
4.69

23-Oct-07
18492.84
17613.99
878.85
4.99

09-Oct-07
18280.24
17491.39
788.85
4.51

29-Oct-07
19977.67
19243.17
734.50
3.82

19-Sep-07
16322.75
15669.12
653.63
4.17

15-Oct-07
19058.67
18419.04
639.63
3.47

15-Jun-06
9545.06
8929.44
615.62

6.89The BSE Bankex and the Oil & Gas indices soared 6.5% each to 11,226 and 12,139, respectively. The IT index zoomed 4.5% to 4280, and the Metal index gained 4% at 17,756.The market breadth was fairly positive - out of 2,849 stocks traded, 2,025 advanced, 763 declined and 61 were unchanged on Wednesday.

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