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(As on Apr 07, 2020, 08:32)

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Domestic benchmark indices are expected to start the day in green on Tuesday. Volatility may grip the markets post a 3-day holiday. Markets were shut on Monday on account of Mahavir Jayanti.

Further, investors could react to Prime Minister Narendra Modi's suggestion that all ministries must prepare “business continuity plans" once the lockdown ends. The number of confirmed coronavirus (Covid-19) cases reached 4,281-mark on Monday.

On Friday, the 30-share benchmark index ended at 27590.95 down by -674.36 points or by -2.39 % and then NSE Nifty was at 8083.8 down by -170 points or by -2.06 %.

On the global front, US stocks rocketed higher on Monday, with each of the major indexes rallying at least 7%, after a fall in the daily death toll in New York, the country’s biggest coronavirus hot spot, fueled optimism a leveling off of the pandemic was on the horizon.

The Dow Jones Industrial Average rose 1,627.46 points, or 7.73%, to 22,679.99, the S&P 500 gained 175.03 points, or 7.03%, to 2,663.68 and the Nasdaq Composite added 540.16 points, or 7.33%, to 7,913.24.

Asian markets looked poised on Tuesday to attempt another day of gains after stocks rallied on signs of a slowdown in coronavirus-related deaths, as oil prices resumed their decline on doubts about a potential Saudi-Russian pact to cut output.

Nikkei futures opened lower but were 2.3% above the cash close. The yen eased 0.01% as traders awaited more details on the government’s stimulus package. Hong Kong futures were up and Australia futures also rose in early trade.

Back home, Top traded Volumes on NSE Nifty – State Bank of India 64455937.00, ITC Ltd. 62868085.00, ICICI Bank Ltd. 57330285.00, Axis Bank Ltd. 41317685.00, Oil And Natural Gas Corporation Ltd. 39761221.00,

On NSE, total number of shares traded was 184.24 Crore and total turnover stood at Rs. 39647.76 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 523259 with a total turnover of Rs. 25139.89 Crore. Along with this total number of contracts traded in stock futures were 755207 with a total turnover of Rs. 33128.07 Crore. Total numbers of contracts for index options were 7488125 with a total turnover of Rs. 371076.02 Crore. and total numbers of contracts for stock options were 348284 with a total turnover of Rs. 16583.39 Crore.

The FIIs on 03/04/2020 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 11648.67 Crore and gross debt purchased stood at Rs. 690.75 Crore, while the gross equity sold stood at Rs. 15450.28 Crore and gross debt sold stood at Rs. 3514.70 Crore. Therefore, the net investment of equity and debt reported were Rs. -3801.61 Crore and Rs. -2823.95

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