Sensex reports biggest 1-day gain

8 April, 2020 12:00 AM printer

MUMBAI: Indian benchmark index Sensex on Tuesday reported its biggest one-day gain in over 10 years to end at 30,067 points, up 2,476 points or 8.97 percent over the previous close following global cues and declining rate of COVID-19 cases.

"Aided by news that the infections were peaking in some of the worst affected areas around the world, the Indian markets in sync with the global markets, witnessed a relief rally. Investors are also awaiting an ease in lockdown procedures, so companies can get down to generating business," said Vinod Nair, Head of Research at Geojit Financial Services, reports Xinhua.