Rs. One lakh crore economic package ready to boost foreign funds again in auto, banking stocks

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- Nifty spot jumps 5 points to 6: 6, Sensex up 5% from March bottom

(Gujarat News Representative) Mumbai, Ta. 9 April 2020, Thursday

Funds have again sparked an upward spiral led by automobile, banking-finance stocks today, with the central government announcing an economic package of Rs 1 lakh crore for trade and commerce in the short term.

The corona epidemic has worsened the world economy and the world is in a depression now. In the short term, huge relief for corporate India has become inevitable There's a million million shares at the end of the week will prompt more massive economic package was again an all-round boom naughty.

The automobile industry has been facing a recession for a long time, expecting big concessions for the industry this time with fund-makers led by auto stocks making big purchases, with short-covering in banking-finance stocks as well as pharmaceuticals-healthcare, oil-gas, IT-software services. Again, the surface jumped by 5 points to rise by 5 points to 5.2 and the Nifty spot to 5.9 points. 9111.90 leap closed.

Stock exchanges will be closed on the Good Friday tomorrow - Friday, April 5. The common Sensex rose 8 points, or 5 points, from the bottom of the 9th of March 7.

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