<p>Equity benchmark Sensex soared over 900 points in opening trade on Thursday tracking heavy buying at ICICI Bank, Infosys, HDFC twins and Reliance Industries counters amid rally in global stocks.</p>.<p>After hitting a high of 33,640.73, the 30-share index was trading 895.69 points or 2.74 per cent higher at 33,615.85.</p>.<p>Similarly, the NSE Nifty shot up 247.20 points, or 2.59 per cent, to 9,800.55.</p>.<p>Maruti was the top gainer in the Sensex pack, rallying nearly 7 per cent, followed by M&M, ICICI Bank, Infosys, Tata Steel, Bajaj Auto, Axis Bank and Bajaj Finance.</p>.<p>Shares of Reliance Industries, HUL and Tech Mahindra were trading on a positive note ahead of their earnings announcements.</p>.<p><a href="https://www.deccanherald.com/national/coronavirus-live-updates-india-records-highest-deaths-in-a-single-day-toll-stands-at-886-tally-crosses-28000-827545.html"><strong>For latest updates on coronavirus outbreak, click here</strong></a></p>.<p>On the other hand, Sun Pharma was the sole laggard.</p>.<p>In the previous session, the BSE barometer settled 605.64 points or 1.89 per cent higher at 32,720.16, while the Nifty advanced 172.45 points, or 1.84 per cent, to close at 9,553.35.</p>.<p>Foreign portfolio investors turned net buyers in the capital market on Wednesday, as they purchased equity shares worth Rs 722.08 crore, according to provisional exchange data.</p>.<p>Investor sentiment improved on hopes that gradual lifting of global lockdowns would help start economic recovery, they added.</p>.<p>Investor sentiment was buoyed by news of a possible breakthrough in testing for treatment of COVID-19.</p>.<p>Top US epidemiologist Anthony Fauci said that Gilead Science's remdesivir "has a clear-cut, significant, positive effect in diminishing the time to recovery".</p>.<p>Further, the US Federal Reserve signalled on Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster the economy.</p>.<p>Bourses in Shanghai and Tokyo were trading with significant gains, while those in Hong Kong and Seoul were closed for a holiday.</p>.<p>On Wall Street, key indices ended with massive gains in overnight trade.</p>.<p>International oil benchmark Brent crude futures rallied 9.57 per cent to USD 26.55 per barrel.</p>.<p>Meanwhile, global tally of coronavirus infections was over 31.93 lakh, with around 2.27 lakh deaths.</p>.<p>The death toll due to COVID-19 in India rose to 1,074 and the number of cases climbed to 33,050 in the country, according to the Union health ministry.</p>
<p>Equity benchmark Sensex soared over 900 points in opening trade on Thursday tracking heavy buying at ICICI Bank, Infosys, HDFC twins and Reliance Industries counters amid rally in global stocks.</p>.<p>After hitting a high of 33,640.73, the 30-share index was trading 895.69 points or 2.74 per cent higher at 33,615.85.</p>.<p>Similarly, the NSE Nifty shot up 247.20 points, or 2.59 per cent, to 9,800.55.</p>.<p>Maruti was the top gainer in the Sensex pack, rallying nearly 7 per cent, followed by M&M, ICICI Bank, Infosys, Tata Steel, Bajaj Auto, Axis Bank and Bajaj Finance.</p>.<p>Shares of Reliance Industries, HUL and Tech Mahindra were trading on a positive note ahead of their earnings announcements.</p>.<p><a href="https://www.deccanherald.com/national/coronavirus-live-updates-india-records-highest-deaths-in-a-single-day-toll-stands-at-886-tally-crosses-28000-827545.html"><strong>For latest updates on coronavirus outbreak, click here</strong></a></p>.<p>On the other hand, Sun Pharma was the sole laggard.</p>.<p>In the previous session, the BSE barometer settled 605.64 points or 1.89 per cent higher at 32,720.16, while the Nifty advanced 172.45 points, or 1.84 per cent, to close at 9,553.35.</p>.<p>Foreign portfolio investors turned net buyers in the capital market on Wednesday, as they purchased equity shares worth Rs 722.08 crore, according to provisional exchange data.</p>.<p>Investor sentiment improved on hopes that gradual lifting of global lockdowns would help start economic recovery, they added.</p>.<p>Investor sentiment was buoyed by news of a possible breakthrough in testing for treatment of COVID-19.</p>.<p>Top US epidemiologist Anthony Fauci said that Gilead Science's remdesivir "has a clear-cut, significant, positive effect in diminishing the time to recovery".</p>.<p>Further, the US Federal Reserve signalled on Wednesday that it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster the economy.</p>.<p>Bourses in Shanghai and Tokyo were trading with significant gains, while those in Hong Kong and Seoul were closed for a holiday.</p>.<p>On Wall Street, key indices ended with massive gains in overnight trade.</p>.<p>International oil benchmark Brent crude futures rallied 9.57 per cent to USD 26.55 per barrel.</p>.<p>Meanwhile, global tally of coronavirus infections was over 31.93 lakh, with around 2.27 lakh deaths.</p>.<p>The death toll due to COVID-19 in India rose to 1,074 and the number of cases climbed to 33,050 in the country, according to the Union health ministry.</p>