Sensex jumps 450 points higher, Nifty above 9,350 in opening session

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The S&P BSE Sensex index had risen 986.11 points - or 3.22 per cent - to end at 31,588.72 and the NSE Nifty closed at 9,266.75, up 273.95 points - or 3.05 per cent - from the previous close, on Friday.
The S&P BSE Sensex index had risen 986.11 points - or 3.22 per cent - to end at 31,588.72 and the NSE Nifty closed at 9,266.75, up 273.95 points - or 3.05 per cent - from the previous close, on Friday.

Dubai - Equities in Asia were characterised by caution on expectations a busy week of corporate earnings reports.

By Staff Report


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Published: Mon 20 Apr 2020, 8:14 AM

Last updated: Mon 20 Apr 2020, 10:27 AM

Indian bourses opened on a positive note on Monday as markets are pricing in the possibility of relaxation of the nationwide lockdown.
The S&P BSE Sensex index opened 467.47 points higher at 32,056.19, and the broader NSE Nifty benchmark started the day at 9,390.20, up 123.45 points from the previous close. The Indian rupee was quoting at 76.39 against US dollar at Dh20.81.
The S&P BSE Sensex index had risen 986.11 points - or 3.22 per cent - to end at 31,588.72 and the NSE Nifty closed at 9,266.75, up 273.95 points - or 3.05 per cent - from the previous close, on Friday.
Equities in Asia were characterised by caution on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global coronavirus lockdown.
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2 per cent in slow trade, following five straight weeks of gains. Japan's Nikkei fell 0.9 per cent and Shanghai blue chips 2.4 per cent even as China cut benchmark interest rates as widely expected. - business@ khaleejtimes.com, with inputs from agencies



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