Sensex goes up by 17%

Even on Sunday, after hearing the election results, I thought markets will go up by 5%-7%. This is a shocker, and to some extent indicates the illiquidity of the Indian market. I am sure there are some sellers of Bharti above 1000. 

I am looking for some studies which show which other indices went up by 17% in a day, and under what conditions. Yesterday, after Sri Lanka ended a 25 year war, its index was up 7%. If I remember correctly, Taiwan was up 13% over 2 days at end April, when the Chinese govt allowed mainland companies to buy shares on the island. India is an extremely high beta market - that is the main lesson to be drawn from this episode.