MARKET LIVE: Sensex at day's high, rallies 1,000 pts; financials, metals up

Stock brokers react to the movement share prices on BSE Sensex in Mumbai (Photo: Kamlesh Pednekar)

Indian equity markets shot up 3 per cent each on Monday, in line with their Asian peers, after the government eased curbs on most economic activities even as the lockdown in containment zones was extended till June 30.

The S&P BSE Sensex zoomed 1,000 points, or 3 per cent, to 33,400, and the Nifty50 index was topped 9,800 levels. Axis Bank and Tata Steel (both up 6%) were the top Sensex gainers. Besides, Bajaj Finance and IndusInd Bank also rose 4 per cent each.

All the Nifty sectoral indices were in the green, led by Nifty Metal index, up 4 per cent. Nifty Bank index also rose over 3 per cent.
 

A total of 12 companies, including V-Guard Industries and Orient Electric, are scheduled to announce their March quarter results.