The long bear phase seems to have ended as the stock markets witnessed an impressive relief rally lifting the benchmark Sensex by 9% during the week ended March 28.
The Sensex moved between a high of 16,452.08 and a low of 15,056.09 before ending the week at 16,371.29 - a sharp rise of 1,376.46 points (9.18%) over the previous weekend.
The buying spree was so strong that the Sensex logged its second-biggest gain of 928.09 points on March 25.