The benchmark indices gained almost one per cent in mid-morning trading on Wednesday, led by gains in financials as a generally improved global mood and hopes over the reopening of its economy outweighed concerns over the surging numbers of COVID-19 infections in the country. Domestic stock markets started Wednesday's session on a positive note tracking gains in Asian equities. The S&P BSE Sensex index opened 72.45 points higher at 34,029.14, whereas the broader NSE Nifty 50 benchmark started the day at 10,072.60, up 25.95 points. At 11:24 am, the Sensex traded 147.95 points - or 0.45 per cent - higher at 34,109.64, while the Nifty was up 39.50 points - or 0.40 per cent - at 10,099.15.
The number of coronavirus cases continues to rise - jumping to 276,500 as of Wednesday morning, including 7,745 deaths, as the country has st
The number of infections in the national capital of Delhi will climb to more than half a million by the end of July and it does not have the hospital capacity to handle such an outbreak, the city-state's deputy chief minister said on Tuesday.
