A day after a historic collapse, Indian markets opened with a sharp spurt in trade on April 08, leading the Nifty 50 and Sensex to gallop over one percent as bulls took over the reins.
At 09:16 am, the Sensex was up 1,142.73 points or 1.56 percent at 74,280.63, and the Nifty was up 366.95 points or 1.66 percent at 22,528.55. About 1928 shares advanced, 274 shares declined, and 77 shares unchanged.
The broader markets outperformed, with the Nifty Midcap 100 and Nifty Smallcap 100 jumping 2.3 percent each. On the sectoral front, all sectors traded with sharp gains. The Nifty Realty, Metal, and IT indices led the charge, soaring up to three percent.