Market kept its strong run going for the fourth straight session as the Sensex ended about 287 points higher after investors created fresh long positions in the new June derivative series amid earnings traction and continued foreign inflows.
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The BSE benchmark Sensex closed below 25,600-mark by plunging over 175 points Wednesday due to nervous selling by foreign funds amid a revised tax treaty between India and Mauritius imposing capital gains tax on investments routed through the latter from April next.
The Sensex opened strong at 25,321.83 and continued to rise to hit the day's high of 25,709.68. Finally, it settled at almost two-week high of 25,688.86, gain of 460.36 points or 1.82 percent -- its biggest single-day gain since April 13.