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Indices log near 2% gains on hopes of ease in lockdown, biz activity

The Sensex rose 606 points, or 1.9%, to end at 32,720 - the highest close since March 13

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The Nifty gained 1.84 per cent, or 172 points, to reach 9,553

3 min read Last Updated : Apr 30 2020 | 12:58 AM IST

The frontline indices jumped nearly 2 per cent on Wednesday to end near seven-week highs, buoyed by a rally in global equities ahead of the US Federal Reserve’s policy announcement.

Hopes of easing the lockdown, as well as restarting business activity, helped the sentiment.

The Sensex rose 606 points, or 1.9 per cent, to end at 32,720 — the highest close since March 13. The Nifty gained 1.84 per cent, or 172 points, to reach 9,553. Both the indices are likely to close the month with double-digit gains, recouping nearly half the losses posted in March.

World stock markets, too,

Topics : Sensex BSE Sensex US Federal Reserve Dow Jones Industrial Average

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