SENSEX Gains 365 pts.

After two days of shady flow, Indian Stock Market surges 365.36 points and closed at 16387.84 with making more than 2% high. Today the market opened on a positive notes with strong Asian trend and later in afternoon a higher opening in European stock markets further boosted the sentiment.

Among 30 stocks in BSE Index 24 stocks were closed at higher price. IT sectors were the top gainers by the end of day. A rise in US $ (dollar) is the main reason for surges in IT sectors. Infosys jumped 3.37 per cent to Rs 2,618.70.