Bulls return after eight days; Sensex rallies 517 points: Benchmark indices ended nearly 2% higher snapping eight-day losing streak amid a broad-based rally led by index heavyweight, capital goods and bank shares while firm global cues and strength in Asian markets also aided the up-move. The 30-share Sensex ended 517 points higher at 27,976 and the 50-share Nifty closed 120 points higher at 8,492. The next major trigger for the Indian markets is Q4 results of India Inc. which will start during second week of April, 2015. The Indian rupee is trading lower by 26 paise at 62.67 per dollar against Friday's closing value of 62.41 a dollar.
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