It was a relief for the stock markets as they closed with gaining over 300 points. With Iraq crisis, the markets were completely down and the inflation added fuel to the fire. However, RBI Governor Raghuram Rajan's response on inflation cheered the investors. BSE closed at 25,521 up by 330 points while Nifty ended at 7631 points up by 98. Rupee also appreciated and closed at 60.10 against Dollar.
