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.

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