Usa India virus outbreak Usa India

Sensex sees biggest one-day gain in over 10 years, RIL leads recovery

Reading now: 973
www.livemint.com

Indian markets made a big recovery today even as the country went into a 21-day lockdown to spread the spread of coronarivus outbreak.

Benchmark index Sensex surged 1,861 points - its biggest gain in over a decade - to 28,535, joining a global rally as US lawmakers and and Trump administration officials reached an agreement on a massive $2 trillion economic stimulus bill to cope with the fallout from the coronavirus outbreak.

The broader NSE Nifty 50 index also rose 6% to 8,297. Analysts say that expectations of a domestic stimulus also supported Indian markets, adding that volatility will remain in the short term.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA