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Sensex, Nifty snap four-day losing streak as government promises to tackle virus impact
- By Reuters |
- bigstories
BENGALURU - Indian stocks closed higher on Wednesday, snapping a four-session losing streak, as fall in new coronavirus cases in China and assurance from the government to tackle the epidemic's impact on business boosted investor sentiment. The broader NSE Nifty 50 index ended up 1.11% at 11,992.50, while the benchmark S&P BSE Sensex closed 1.12% higher at 40,894.38. Both the indexes had declined nearly 1% in the last two sessions on the rising financial impact of coronavirus. Finance Minister Nirmala Sitharama...
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