India markets closed

Sensex Surges 1,265.66 Pts to End at 31,159.62; Nifty Above 9,000

Sensex on Thursday, 9 April rallied 1,265.66 points to end at 31,159.62 while Nifty surged 363.15 points to 9,111.90.

Earlier, the Rupee fell to a record low of 76.5 against the US Dollar as the spread of the coronavirus continues to widen, despite domestic equity markets showing improved traction.

The Rupee started the day at 76.09 before sliding to 76.5. Sensex rose 1,120.72 points to 31,014, while Nifty climbed by 328.05 points or 3.75 percent at 9,076.80, close to 1 pm on 9 April. Markets extended gains on 9 April, with all sectoral indices trading in the green zone.

Indian equity markets had a strong start to the final session of this truncated week, tracking positive cues from Wall Street.

All the 30 constituents of Sensex opened with gains.

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All sectoral indices opened with gains led by the Nifty Pharma index which gained 4 percent. Nifty Bank, Auto, and Metal indices gained close to 3 percent.

At the start of the trade, 1,104 stocks traded with gains while 223 stocks were declining.

(With inputs from BloombergQuint and PTI.)

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