Stock market: Sensex up 1,200 pts from day's low; Nifty tops 22,400; here's why 

Hong Kong's Hang Seng jumped 1.6 per cent; Japan's Nikkei surged 1.6 per cent while Korea's Kospi was up 0.8 per cent today. It was all on excepted lines after the US inflation overnight allayed investor concerns over rate cuts.
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