Indian equity markets are likely to be volatile on Friday as investors will watch out for Prime Minister Narendra Modi's speech at 9 am.
This is will Modi's third such address to general public at a time when the country battles against the deadly novel coronavirus.
Asian shares looked to latch onto Wall Street's overnight gains after crude prices notched their biggest one-day surge on record, helping offset concerns about the depth of a global recession.
Despite the rally in stocks, investors still sought the safety of the US dollar and government bonds as an unprecedented number of Americans - 6.6 million - filed jobless claims due to coronavirus-induced lockdowns, as economic concerns stayed front and center.
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