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Sensex jumps 986 points as RBI unveils steps to ease liquidity

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Sensex jumps 986 points as RBI unveils steps to ease liquidity

New Delhi, Apr 17 (ANI): Equity benchmark indices jumped over 3 per cent on Friday as the Reserve Bank of India unveiled measures to ease liquidity and bank credit as part of economic relief to offset the fallout of coronavirus lockdown. The BSE S-P Sensex closed 986 points or 3.22 per cent higher at 31,589 while the Nifty 50 moved up by 274 points or 3.05 per cent at 9,267. Except for Nifty FMCG and pharma, all sectoral indices at the National Stock Exchange were in the green. Nifty private bank up 7.7 per cent, financial service by 5.7 per cent each, auto by 5.4 per cent and realty by 3.8 per cent.

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