Sensex closed up 2.46% @ 18,464.27 pts; Nifty raised 2.62 % @ 5577.65 pts.
France’s CAC raised 1.93%, Britain’s FTSE raised 1.51%, & DAX raised 1.44%.
Nasdaq raised 1.33% while Dow Jones Industrial Average raised 1.55%.
Sensex gained 443.11 pts @18,464.27 and Nifty went up 142.30 pts to 5,577.65. The Sensex rose almost 2.5 percent to its highest close since July 2011 after the government's diesel price hike and the Federal Reserve's monetary stimulus sparked a broad-based rally in blue chips such as Reliance Industries and ICICI Bank.
NIFTY OUTLOOK
Trend: - Bullish
Resistance: - 5610, 5660
Support: -5520, 5450
Strategy: - Buy on Dips
BANK NIFTY OUTLOOK
Trend: - Bullish
Resistance: -10735, 10875
Support: -10465, 10340
Strategy: - Buy on Dips
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