Sensex Snaps 6-day Losing Streak, Rallies 835 Points to Reclaim 37k-mark

Stock exchanges in Europe were also trading on a mixed note in early trade. “Stimulus measures, if any, in the US could provide support to the markets. If the market corrects from these levels, then investors should actively look for accumulating good quality stocks for long term wealth creation,” said Sanjeev Zarbade, VP PCG Research, Kotak Securities.

In the forex market, the rupee strengthened by 28 paise to finish at 73.61 against the US dollar. Global oil benchmark Brent crude was trading 0.05 per cent higher at USD 41.96 per barrel.

Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 1,885.69 crore on Thursday, exchange data showed.