A double-barrel assault on the Greek debt crisis by Europe?s leaders in Brussels and the International Monetary Fund in Washington pumped up stocks from Tokyo to New York, dousing fears that the crisis might spill over to the rest of the world. The $1-trillion rescue package annou-nced before Asian markets opened boosted stocks across Asia, including Indian equities which surged 3% on strong volumes. The Sensex climbed 561.44 points or 3.35% to close at 17,330.55, while the 50-share Nifty of the National Stock Exchange closed 175.55 points up, or 3.5%, at 5193.6.
Overall, it?s the 23rd-highest single-day gain for the Sensex. Both Sensex and the Nifty had lost over three-and-a-half percentage points each last week.
