Sensex zooms 600 points on Greek bailout

The BSE benchmark surged more than 600 points in the opening trade on global rally. This rally is post the European Union members agreed in its Summit to raise the eurozone bailout fund.The Eurozone bailout fund is raised to about Euro 1 trillion and are also going to recapitalize banks. The European Union struck a deal with private lenders to accept a 50 percent on their Greek bonds. In fact the Asian markets were trading 1-1.8 pc higher today.