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May 19 2009

Indian sensex posts the record high move in a single day!

The most amazing move in the world markets for the week was seen on the Indian stock exchange called SENSEX .The index rose 17% in a single day!+ 2100 points alone in a day?the upper circuit was put in 2 minutes of market open .The participants usually were large funds, banks and foreign investors.Retail individuals did not get time to participate in it.This move was seen following astonishing election results where every prediction that the coalition is likely failed and Congress led UPA party won the elections by majority.

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