Indian benchmark indices advanced in early trade, supported by positive global cues, easing crude oil concerns and renewed foreign investor buying. IT and banking stocks led gains, while analysts said improved technical indicators and stronger fundamentals continued to support market sentiment
Markets opened gap down following strict guidelines issued in Maharashtra amidst rising coronavirus cases with financial and rate-sensitive stocks taking indices down.
The 30-share Sensex was trading 929.54 points or 2.01 per cent higher at 47,215.31; and the broader Nifty surged 260.05 points or 1.91 per cent at 13,894.65.
The 30-share BSE index opened on a weak note and gyrated over 600 points during the day. However, it gained ground in the last hour of the session to finish at 40,794.74, up 169.23 points or 0.42 per cent.
