Sensex soars 997.46 points
Mumbai/UNI: The BSE Sensex extended its rally for the fourth straight session on Thursday, shooting up 997.46 points, breaching 33K level to 33,717.62 as buying was witnessed across-the-board amid positive global cues.
The Nifty of national stock exchange too advanced 306.55 points to 9,859.90.
The Nifty registered day's high and low at 9,889.05 and 9,731.50 respectively.
The day opened on a strong note at 33,381.19, up by 802 points.
It shot up nearly 1167 points to 33,887.25, day's high before closing at 33,717.62, up by 997.46 points from its previous close.
The sectoral indices like, metal, finance, technology, IT and Auto remained strong.
In scrips, ONGC, HCL Technologies, Heromoto Corp, TCS and Tata Steel boosted the market.
The Mid cap rose to 1.46 pc and small cap by 1.15 pc. In 30 scrips of a bundle, 26 advanced, 4declined.
World stocks headed for their best month on record on Thursday, as encouraging early results from a COVID-19 treatment trial and expectations of more European Central Bank (ECB) stimulus later in the day helped ease the pain of February and March.Europe saw a cautious start.
Japan's Nikkei jumped 2.8 per cent to a seven-week high. In commodities, oil prices jumped, lifted by signs that the US crude glut is not growing as quickly as expected and of a rise in fuel demand, which has been crushed by the coronavirus.
The US benchmark surged 22 per cent on Wednesday.Brent LCOc1 was up 7.6 per cent, or $1.71 at $24.25 a barrel in light trading, with the June contract expiring on Thursday, having posted a 10 per cent gain on Wednesday.
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