The markets on Monday hailed the return of the UPA to power with the BSE benchmark Sensex and NSE's Nifty hitting the upper circuit within a minute of opening of trade, following which trading halted for an hour.
The 30-share Bombay Stock Exchange Sensex zoomed 1,305.97 points or 10.73 per cent at 13,479.39, while the National Stock Exchange 50-share Nifty increased 600 points or 14.48 per cent at 4,271.40.
All the major sector-indices were in the positive zone. It is for the first time that the Sensex has hit the upper circuit of 10 per cent. The previous close on Friday was 12,173.42. The Sensex regained the 13,000 levels for the first time since September 18, 2008.
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