Equity benchmark Sensex jumped nearly 500 points in early trade today even as investors fretted over an impending economic global recession led by Covid-19 pandemic.
After gyrating over 1,000 points in a highly volatile opening session, the BSE barometer was trading 475 points higher at 31,865.
Similarly, the NSE Nifty advanced 163 points, or 1.77 per cent, to 9,360.40.
In the previous session, the Sensex logged its second-biggest drop in absolute terms, plunging 2,713 points to finish at 31,390. Likewise, the Nifty slumped 758 points to end at 9,197.
The rupee appreciated by 25 paise to 74 against the US dollar in early trade.
Meanwhile, global oil benchmark Brent crude futures rose over 2.10 per cent to 30.67 US dollar per barrel.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.