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MUMBAI, Dec 1 Asia Pulse - Sensex rallied by a whopping 116.03 points and closed at a new 47-month high of 5160.85 points on the Bombay Stock Exchange today due to frenzied buying by Foreign Institutional Investors (FIIs) and domestic funds.
Spurt in the sensex could be gauged by a steep rise in 28 out of 30 index based scrips.
The BSE-30 share sensitive index opened firm at 5086.86 as against last Friday's close of 5044.82 and gradually moved upwards and after breaching the year 2003 peak of 5135.00 recorded on 4th November, 2003, touched a high of 5166.56.
Later, it concluded at 5160.85, a sharp rise of 2.30%.
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