Markets witness mild recovery; Sensex jumps nearly 6% after FM's package

The Sensex after climbing to 27,463 settled at 26,674, up 693 points, or 2.7 per cent. The Nifty rose 2.5 per cent, or 191 points, to end at 7,801

The Indian markets on Tuesday rose 2.5 per cent, underperforming global peers, most of which rose over 5 per cent after the US Federal Reserve announced an open-ended bond-buying programme to fight the COVID-19 pandemic.
 

In intra-day trade, the Sensex had jumped nearly 6 per cent, mirroring gains in the Asian and European markets, however, gave up half the gains in the last hour of trade as the relief measures announced by Finance Minister Nirmala Sitharaman left investors disappointed.
 

Experts said investors were pinning hopes on a big-bang stimulus package from the finance minister, who addressed the media at 2