Sensex up 777 points; biggest rally in 29 months
The BSE Sensex today posted its biggest rally in 29 months (in percentage terms), with the index witnessing a 777.35 point (3.38%) jump to settle at 23,779.35. Meanwhile, the NSE Nifty gained 235.25 points to close at 7,222.30. Market sentiments remained upbeat with the government's decision to stick to its projected fiscal consolidation path and reduce its net borrowing program.