BSE gains 300 points

The Bombay Stock Exchange (BSE) has gained 300 points on Monday bouncing back from the last week losses. The foreign sentiments helped the market to have confidence. The European stocks were are also seen in green on the first days of the week.

The impact of the debt crisis has weighed high on Indian stock market. The country would be celebrating the biggest festival of Diwali in couple of days, and the bouncing back would be good reason for the the investors to celebrate and bestow their confidence.

However, in India, gold has been the favorite option in terms of investment during the time of Diwali and Dhanteras, the special occasion where people choose to invest to in gold.