Sensex posts biggest gain in over 2 yrs, rallies 732 points
India's benchmark index Sensex rose 732 points (2.15%) to close at 34,733.58 on Friday, its biggest single-day gain in more than two years. Ahead of retail inflation data, the rupee also strengthened against the US dollar following gains in the equity markets and as oil prices fell overnight. The 50-share Nifty index ended 237.85 points, or 2.32%, higher at 10,472.50.