Mumbai, July 28: The Indian markets opened in the green tracking firm cues from the global markets. The Sensex extended gains throughout the day and surged 558 points to end at 38,492 points. Nifty, on the other hand, settled at 11,300 amid extensive buying seen in TCS, Reliance and other index heavyweights. All the sectoral indices on the BSE ended in the green. Ultratech surged over 7 percent on strong Q1 numbers

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US stocks advanced on Monday, bolstered by solid gains in major tech shares. The Dow Jones Industrial Average climbed 114.88 points. The S&P 500 rose 23.78 points. The Nasdaq Composite Index jumped 173.09 points. COVID-19 Global Tally Update: List of 10 Countries With Maximum Number of Cases.

Talking about the oil prices, it increased for a third straight day on Tuesday, buoyed by support for demand coming from efforts to stimulate the U.S. economy's recovery from the COVID-19 crisis and a weakening of the dollar that makes crude cheaper for global buyers.

(The above story first appeared on LatestLY on Jul 28, 2020 04:15 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).