MARKET CLOSES UP 2% ON STRONG GLOBAL CUES

>Central banks' move to reduce the cost of dollar pushed all the global markets higher, by 2-6%
>Sharp appreciation in the rupee too helped our markets coupled with short covering
>Sensex, which shot up nearly 600 points in intra-day trade, ends up 359.99 points at 16,483.45
>Sensex saw some profit taking in the second half of trade after European Central Bank's chief also warned that downside risks to economy outlook have increased

Let see how the day panned out...