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Market recovers from Corona hit, business is fierce today

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New Delhi: Mangalavar’s day has proved to be extremely beneficial for the stock market between lockdown and corona crisis. Between the coronavirus infection, there was a boom in the market going on in decline for a long time. The 30-share Sensex, based on the Bombay Stock Exchange (BSE), closed with a gain of 2,476 points at 30,067.

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The National Stock Exchange (NSE) based on 50 stocks, the Sensex Nifty also gained 752 points to close at 9,221. Oil prices rose again on Tuesday on hopes of a contract between Saudi Arabia and non-OPEC country Russia, OPEC’s major producer for crude oil production cuts. There was a boom, due to which the Indian futures market was also trading strongly in oil futures deals.

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The domestic futures market was trading at Rs 2080 per barrel on the Multi Commodity Exchange ie MCX, with an increase of Rs 32, or 1.56 per cent, from the previous session in the April contract of crude oil, while the previous price opened at Rs 2060 and Rs 2089 per barrel. 

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