Indian stock markets rally fizzled out towards end of trading session after a 2% gain on Monday. As countries worldwide are opening up activities after lockdown, there were also warnings of new rise in infections in few countries.

This has added to the uncertainty in markets. The BSE Sensex ended at 31,561.22, down 81.48 points or 0.26% while the 50-share index Nifty was at 9,239.20 down 12.30 points or 0.13%.

Stocks in other parts of Asia were mostly higher on Monday as hopes rise on economies reopening, even as US reported record job losses in April.

Markets in Hong Kong and Japan were up over 1%. MSCI’s Asia-Pacific shares outside Japan firmed 1.1%. Positive attempts made towards the US- China trade talks added to global markets

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Fed warning, lack of clarity in economic package worry markets

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India seeks local warplanes as $15 billion global order stalls

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After saying US would get its Covid-19 vaccine first, Sanofi backtracks

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

Markets rally fizzle out after 2% gain on firm global shares

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