Equity Indices trading in green on Monday; Sensex jumps over 600 points, Nifty above 9300

Following global cues, Indian equity indices witnessed a surge during early hours on Monday morning as BSE jumped 675 points or 2.15 percent at 32,002 while Nifty 50 edged higher by 188 points or 2.06 percent at 9,343 at around 10.15. All sectors in NSE recorded an urd trajectory with Nifty auto up by 2 percent, pharma by 1.9 percent and financial service by 1.8 percent. 

Reliance Industries witnessed a 2.93 percent gain at Rs 1,458.55 per share while private sector banks such as Kotak Mahindra and Indus Ind saw a rise of 4.7 percent each. Whereas pharma sector also witnessed a considerable rise with Cipla and Sun Pharma gaining by 4 percent and 3.3 percent respectively. However, Wipro, Bajaj Finance, NTPC and Asian Paints tred in negative.

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Investors will also be taking cues from latest released March quarter earnings by ani Power, Sasken, HDFC Life, Ambuja Cement. IndusInd Bank and Ambuja Cements are scheduled to anunce ir March quarter results today.

Investors have also been anticipating ease in lockdown measures and hoping more stimulus from PM Modi's meet with CMs scheduled today at 10 AM.

Bajaj Auto was top gainer with as much as 4.27 percent gain. In previous session, BSE Sensex tumbled 536 points as finance and bank stocks skidded after Franklin Templeton MF suddenly closed six debt fund schemes, catching investors off guard.

world has witnessed an ecomic crisis due to Coronavirus Pandemic. Ecomies across globe have come to a standstill with lockdown measures in effect. re are over 29.71 lakh confirmed cases and over 2.06 lakh deaths from coronavirus COVID-19 outbreak. total number of confirmed COVID-19 cases in India stands at 27,892 currently with 872 deaths, according to Union Ministry of Health and Family Welfare.