Taking stock: Hopes of stimulus package lift markets; Nifty back above 9300 levels

Episode 2440,   Apr 23, 2020, 12:34 PM

Indian market rallied for the second consecutive session in a row on April 23 on rising expectations of a second stimulus package from the government to support the economy.
 
 The S&P BSE Sensex which started on a flat note rose nearly 500 points towards the close while the Nifty50 reclaimed 9300 levels which is a positive sign. The index witnessed selling pressure on April 17 and April 20 when Nifty50 climbed above 9300 levels.