The stock exchange of India witnesses gain, thereby attaining the second position in Asia. The Indian stocks witnessed a gain after a major fall that took place recently.

Reliance Industries Ltd. (RIL) was at the topmost level at the index, with Oil & Natural Gas Corp gaining 3.8% at the index. Also, the Tata Motors Ltd share prices increased after four days on constant fall. The Bombay Stock Exchange Sensitive Index, or Sensex, surged 200.03 points, an increase by 1.2% to 16,341.70. The index had declined by 4.1% previous weeks, had met fall for four weeks constantly.

The S&P CNX Nifty Index rose 1.1 % to 4,898.80 and its August futures settled at 4,910.45. According to the data of Bloomberg, Vietnam was the best performer at the Asian index for the data followed by India.

The Sensex had moved back 22% from its highest point in November, reaching the mark of 20%, which is said to be the bear market for investors. The Nifty index has bounced back 7% after meeting a fall to its lowest mark in past
15 months. India aims to pick up the pace of economic growth to 9 % in next five years, starting from April 2012, in order to control poverty, revealed the Prime Minister of India, Manmohan Singh.