Sensex jumps 281 points, day after widespread selling amid COVID fears
- The 30-share BSE index was trading at 49,441
- The broader NSE Nifty jumped 50 points to 14,695 in opening session
- On Monday, the markets had witnessed widespread selling as India recorded the highest single-day spike in COVID-19 cases
Equity benchmark Sensex on Tuesday opened 281 points up in opening trade. The 30-share BSE index was trading at 49,441, and the broader NSE Nifty jumped 50 points to 14,695.
On Monday, the markets had witnessed widespread selling as India recorded the highest single-day spike in COVID-19 cases. After plunging over 1,400 points earlier in the day, the 30-share BSE Sensex pared some losses to finish at 49,159.32, down 870.51 points or 1.74%.
India on Monday recorded 1,03,558 coronavirus infections in a day.
The single-day rise in cases surpassed the earlier peak of 97,894 infections reported on September 17 last year, making it the highest since the pandemic began.
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