Stocks rose for the second straight day on optimism that the US may send vaccines to India and a slight decline in daily covid-19 cases. On Tuesday, the BSE Sensex rose 557.63 points, or 1.15%, to 48,944.14, while the Nifty gained 168.05 points, or 1.16%, to 14,653.05. On Tuesday, the BSE Sensex rose 557.63 points, or 1.15%, to 48,944.14, while the Nifty gained 168.05 points, or 1.16%, to 14,653.05. Khemka said the Indian markets are likely to remain volatile due to earnings announcements, market reaction to government actions, and the progress on the vaccination drive. Even as the second wave has continued to worsen, analysts at BofA Securities said the markets were likely to look beyond short-term pain.

Source: Mint April 27, 2021 18:21 UTC