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A strong market rally across the globe on slowing daily coronavirus infection numbers, talk of a phased exit from the nationwide lockdown in India, expectations of foreign fund inflow aggregating $1.3 billion into the country after MSCI rejigs its indices and some short covering by speculators combined to lift sensex by 2,476 points on Tuesday, its biggest-ever single-session points gain, to close at 30,067. The day’s gains came on the back of strong buying in heavyweights like RIL, HDFC Bank, ICICI Bank, Infosys and HUL, BSE data showed.
A strong market rally across the globe on slowing daily coronavirus infection numbers, talk of a phased exit from the nationwide lockdown in India, expectations of foreign fund inflow aggregating $1.3 billion into the country after MSCI rejigs its indices and some short covering by speculators combined to lift sensex by 2,476 points on Tuesday, its biggest-ever single-session points gain, to close at 30,067. The day’s gains came on the back of strong buying in heavyweights like RIL, HDFC Bank, ICICI Bank, Infosys and HUL, BSE data showed.
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