Curious investors react outside the Bombay Stock Exchange (BSE) as they watch the sensex index on the digital board in Mumbai in Mumbai. The Sensex crossed 19,000 mark.
At the closing bell, the 30-share Sensex was up 1,147.76 points or 2.28 per cent at 51,444.65 -– the biggest single-day rise since February 2. Intra-day, the index swung 1,243 points.
Rupee finally settled at 72.72 against the American currency, registering a rise of 65 paise over its previous closing. On Tuesday, the rupee had settled at 73.37 against the American currency.
IT stocks shine: On the Sensex chart, HCL Tech was the top gainer, soaring around 6 per cent, followed by Infosys, HDFC, Bajaj Auto, Maruti, Tech Mahindra and M&M.
'Trading holidays in times of current uncertainty created by Coronavirus are going to add fuel to the fire of volatility, impacting the market volume and turnover,' an expert says.
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