Market bounces back, Investors smile

Thanks to an unprecedented interest rate cut by the US Federal Reserve, the BSE Sensex has bounced back with an increase of 864.13 points to close at 17,594.07. Though there have been fluctuations throughout the day, finally the Sensex succeeded in keeping the momentum and registered huge gains, bringing smile to the faces of thousands of investors. Nifty too witnessed a rise of 404.10 points to close at 5203.40.