Sensex surges 1,000 points to end at 29,400; Nifty jumps 300 points to 8,500 - Hindustan Times
close_game
close_game

Sensex surges 1,000 points to end at 29,400; Nifty jumps 300 points to 8,500

Hindustan Times, New Delhi | By
Mar 31, 2020 03:56 PM IST

Sensex rose 1028 points or 3.6% to close at 29,468.49. Nifty ended 316.65 points or 3.8% higher at 8,598. Of 30 Sensex shares, 25 closed in the green.

After opening in green, domestic equities continued to hold to gains on Tuesday with BSE Sensex surging 1,028 points to end at 29,468 while the broader Nifty jumped 316.65 points to 8,598 amid recovery in global equities despite coronavirus fears continuing to grip the market.

The domestic market edged up, tracking Asian peers, after upbeat factory data from China gave investors hope of a rebound in activity despite a spike in coronavirus cases in India.(PTI File Photo)
The domestic market edged up, tracking Asian peers, after upbeat factory data from China gave investors hope of a rebound in activity despite a spike in coronavirus cases in India.(PTI File Photo)

Sensex rose 1028 points or 3.6% to close at 29,468.49. Nifty ended 316.65 points or 3.8% higher at 8,598. Of 30 Sensex shares, 25 closed in the green.

Hindustan Times - your fastest source for breaking news! Read now.

The domestic market edged up, tracking Asian peers, after upbeat factory data from China gave investors hope of a rebound in activity despite a spike in coronavirus cases in India.

Follow coronavirus latest updates here

However, the benchmark equity indices were set for their worst yearly performance since 2009, battered by sluggish economic growth and the fallout from the coronavirus crisis.

The rupee strengthened against the US dollar, while its sovereign bonds gained after the central bank lifted restrictions on purchases of some government bonds by foreign investors.

Click here for complete coronavirus coverage

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On