The Sensex gained 1,028 points to end at 29,468, while the Nifty50 gained 317 points to end at 8,598
According to analysts, the extreme volatility seen in the Indian equity markets is unlikely to change anytime soon and traders should minimise the risk by opting for hedged options strategies
In terms of macro data, PMI data for the manufacturing sector is scheduled to be released on Thursday
The S&P BSE Sensex slipped 1,310 points from the day's high to close marginally negative on Friday post the RBI's measures
PMI data for the manufacturing sector is scheduled to be released on Thursday
Crisil yesterday sharply cut its India growth estimate for 2020-21 to 3.5 per cent citing the severe dent in the economic activity due to the coronavirus pandemic
Sensex rebounds 15% in three days from recent lows
The US Senate on Wednesday overwhelmingly backed a $2 trillion bill
According to reports, the government is likely to agree a stimulus package of more than Rs 1.5 trillion to fight a downturn caused by the coronavirus lockdown
All that happened in markets today
The government has already deferred deadlines for filing tax returns, extended a tax amnesty program and promised more measures to support the economy amid the coronavirus pandemic
On Monday, the blue-chip NSE Nifty 50 index and the S&P BSE Sensex crashed 12.98% and 13.15%, respectively, their biggest plunges on record. The rupee hit a fresh record low against the dollar
The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops
The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops
While more firms may resort to buybacks, industries urge that government review tax on this investor rewarding method
Mohandas Pai, former CEO and board member at Infosys, made a pitch for removing the tax on share buybacks
To avert a global recession, most central banks have announced measures worth trillion of dollars.
HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier
Amid FII sell-off, contribution of financials to the index dips to 37.8%
The Rupee's trajectory will also remain a big focus in today's session after plunging 84 paise to a new record low of 75.10 against the dollar on Thursday