Sensex soars 382 points on US stimulus hopes

The BSE sensex rose about 2% to close 382 points higher on Thursday, its highest level in over a month, as blue chips staged a broad recovery from recent falls on renewed hopes that the US monetary stimulus would not end as early as feared. Besides the sensex, stock markets globally also rallied after the US Federal Reserve chairman Ben Bernanke said that it will continue with its easy-money policy for the foreseeable future.

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