The SSE Sensex jumped 925.39 points, or 6.27%, in the fortnight and rose 1,314.56 points, or 9.15%, in the year to 31 July 2009

Meteorological Department said on 29 July 2009. On the
flip side, water levels in India's 81 main reservoirs rose to 35% of capacity in the week to 30 July 2009, up from
23% a week earlier and 31 % a
year ago. This bodes well for
irrigation in the forthcoming rabi (October-March) season and for hydropower genera­tion. Union farm minister Sharad Pawar said on 31 July 2009 summer-sown crops such as sugarcane, oilseeds and
cotton have covered more than half the nor­mal area, and sowing is likely to rise. He predicted weak monsoon rains would have a marginal impact on inflation.
Firm global markets aided the rally on the domestic bourses. World stocks rallied to a fresh 9-1/2- month high as favorable corporate earning fueled recovery hopes. Orders for US durable goods, excluding au­tomobiles and aircraft, unexpectedly rose in June 2009, signaling manufacturing may ex­pand in the second half of the year. Chinese stocks recovered after a 5% slide on 29 July 2009 triggered by speculation the central bank was poised to order lenders to set aside larger reserves. The People's Bank of China signaled no reversal of its moderately loose monetary-policy stance, aimed at spurring growth in the world's third-biggest economy.
World equity funds garnered US$ 9.5 billion in the week ending 29 July 2009, according to latest data from global fund tracker EPFR Global. The inflow was the highest since June 2008. Emerging markets continued to be the darling of investors, with dedicated BRIC (Brazil, Russia, India and China) equity funds seeing net inflows for a 19th straight week. India equity funds took in a high US$ 211 mil-
lion in the in the year to the
most recent week, while China
and Greater China stock funds
saw US$ 711 million in fresh money. Foreign funds have bought a massive Rs 35369.90 crore more shares than they have sold in calendar 2009 so far in India.