Indian shares up for 3rd straight session after US passes virus-relief bill

The US Senate on Wednesday overwhelmingly backed a $2 trillion bill

Indian shares rose for the third straight session on Thursday, as investors awaited a domestic stimulus to fight the impact of the coronavirus outbreak on an already slowing economy, and the US Senate passed a $2 trillion virus relief bill. Broader Asian equities rose and MSCI's broadest index of Asia-Pacific shares outside Japan was up 4.5 per cent.

"There were some hiccups, but the US has passed the bill," said Neeraj Dewan, director at Quantum Securities in New Delhi. "Now the cry for a good domestic package is getting stronger and anticipation is building."

As India began the second day