Welcome to the Mint live blog. Track this space for latest stock market updates Expectations of a stimulus and global cues lifted domestic markets on Thursday despite a rise in covid-19 cases.
The BSE Sensex ended at 31,159.62, up 1,265.66 points, or 4.23%, while the Nifty was at 9,111.90, up 363.1 5 points, or 4.15%.
Analysts said stock markets in India rose in sync with global markets on expectations the novel coronavirus infection was peaking, but warned that it may not sustain.
Stock exchanges were closed on 10 April on account of Good Friday. Oil prices rallied Monday after top producers agreed to slash output and shore up coronavirus-ravaged energy markets, but some analysts were concerned the cuts did not go far enough.