Taking Stock: Relief rally! Sensex back above 33000, Nifty reclaims 9800 as lockdown eases

A relief rally on D-Street helped benchmark indices to climb above their crucial resistance levels on Monday as the government eased lockdown rules. Investors ignored the weak GDP data for the March quarter as well as muted factory activity for the month of May.
 
 Investors’ wealth grew by over Rs 3 lakh cr in a single trading session. The average market capitalisation of the BSE-listed companies grew from Rs 127.06 lakh crore as on May 29 to Rs 130.10 lakh cr on June 1, BSE data showed.