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Indian markets defy mixed global trend to end sharply higher. What experts say

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Indian stock markets ended sharply higher today after its recent spell of underperformance as compared to global markets. The Sensex jumped 622 points to settle at 30,818, outperforming other Asian markets.

The Nifty settled 2.11% higher at 9,066, spurred by a rise in banking stocks and Reliance Industries. Shares in financial services firm Bajaj Finance Ltd , drugmaker Dr.

Reddy's Labs and cement producer UltraTech Cement Ltd rose between 2.6% and 5.7% after their March-quarter financial results.

Shares in Reliance Industries Ltd rose 1.8% as the oil-to-telecoms conglomerate's rights issue opened today. HDFC Bank Ltd gained over 3%, while mortgage lender HDFC Ltd surged 5.66%.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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