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Sensex up 801 points on positive global cues  
13 October 2008, 04:01pm IST

After a week long heavy selling global markets reversed the trend on Monday. Sensex closed at 11,329.11 up 801 points (7.61%) from it's previous close. Nifty closed at 3,490.70 up 210.75 points (6.04%).

Sterlite Industries (19%), Reliance Communications (19%) and Cairn India (17%) are the major gainers on the Nifty. Reliance Infra and ICICI Bank gained 17%. Ranbaxy and Zee closed in red.

Most of the Asian markets closed in red. Hangseng was the major among Asian markets which jumped 1,515.29 points (10.24%) in today's session.

All European markets are trading in green with 6 to 11% gain across the board.

This sudden reversal in started after European union decided to inject billions of money into it's bank to stabilise the situation in return of preferential shares.
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Sensex and Nifty down 4%, Satyam down 26%

Dow down 444 points, S&P 500 to 11 year low

Dow Jones dips below 8000 mark

A month with big plunge in all sectors

Sensex down 20% in 1week, 43% in 32 sessions
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