Taking Stock: Biggest single day gain! Sensex back above 30K; what should investors do?

Episode 2382,   Apr 07, 2020, 01:10 PM

After two sessions of steady decline, bulls manage to push the Indian market above crucial resistance levels on Tuesday as signs of progress against the coronavirus in both Europe and the United States lifted sentiment.

The S&P BSE Sensex rallied more 2400 points to reclaim 30,000 while the Nifty50 also reclaimed 8700 for the first time since March 17. The market recorded its best single day gain in percentage terms since May 2009, CNBC-Tv18 reported while the market posted its biggest sing-day gain in absolute terms ever.