Sensex Ends 290 Points Higher at 34,247, Nifty at 10,116 Ahead of US Federal Reserve Policy Decision
The Indian stock markets opened in the green on Wednesday tracking other Asia bourses. The sentiment has marginally improved as the lifting of lockdown restrictions fuels hope for an economic rebound.
Mumbai, June 10: The Indian stock markets traded in the green on Wednesday ahead of the Federal Reserve policy decision. The investor sentiment has generally improved as the lifting of lockdown restrictions has added hope for an economic rebound. The Sensex ended the day at 34,247.05, up 290 points or 0.86 per cent. NSE's Nifty ended at 10,116, up 69.50 points or 0.69 per cent.India Reports 9,985 COVID-19 Cases in Past 24 Hours, Coronavirus Tally Crosses 2.7 Lakh, Death Toll 7,745.
India has reported 9,985 new coronavirus cases and 279 deaths in the past 24 hours. The total number of coronavirus cases in the country has increased to 2,76,583 on Wednesday. While the number of coronavirus cases continues to increase in the country, the centre has already started lifting restrictions under unlock 1 and 2 in an attempt to revive the economy.
Talking about the Asian markets, Japan's Nikkei remained flat, up 0.14 percent, Taiwan Weighted added 0.54 percent, Hang Seng was up 0.55 percent, while Kospi increased by 0.19 percent. Except for Nasdaq, the US markets closed in the red. Nasdaq crosses 10,000 level in intraday trade for the first time on Tuesday. Dow fell 1.09 percent while S&P 500 index settled 0.78 percent lower. Brent crude was down 1,55 percent at $40.55 per barrel while WTI crude traded 1.87% lower at $38.20.
(The above story first appeared on LatestLY on Jun 10, 2020 04:26 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).