Sensex, Nifty zoom to 1-month high over unlock 1.0 and FPI buying

The Sensex gained for the fourth consecutive day, rising 879 points, or 2.7%, to end at 33,303, while the Nifty rose 246 points, or 2.6%, to end at 9,826

The benchmark indices soared nearly 3 per cent on Monday after the government unveiled steps to start easing the nationwide lockdown, triggering hopes of a economic revival. Conti-nued buying by overseas investors and favourable monsoon forecasts further bolstered the sentiment.

The Sensex gained for the fourth consecutive day, rising 879 points, or 2.7 per cent, to end at 33,303, while the Nifty rose 246 points, or 2.6 per cent, to end at 9,826. Both the indices closed at their highest level since April 30. 

The strong gains were despite mixed global cues. In the past nine trading sessions, the Sensex and the