MARKET LIVE: SGX Nifty up over 350 pts, suggests gap-up opening for indices

Volatility could grip the markets on Tuesday as market gamers return to buying and selling publish a 3-day holiday. Marketplaces had been shut on Monday on account of Mahavir Jayanti. As for Tuesday, traders could react to Key Minister Narendra Modi’s recommendation that all ministries must get ready “business continuity designs” once the lockdown ends. The variety of confirmed coronavirus (Covid-19) situations attained 4,281-mark on Monday.

US stocks rocketed higher on Monday, with each of the important indices rallying about seven for each cent. In Asia, Japan’s Nikkei was up 2.3 for each cent though South Korea’s Kospi acquired about one for each cent.

In commodities, Brent crude rose 2 for each cent and US crude was up nearly 4 for each cent on hopes that the world’s major oil producers which includes Saudi Arabia and Russia could agree to cut output at a meeting on Thursday.