Indian shares followed global equities higher on Friday after four sessions of bruising losses, as policymakers across the world launched fresh efforts to stem the economic fallout of the coronavirus pandemic.
World stocks recovered overnight from steep falls after central banks in Europe, Japan, Australia and the United States launched a fresh wave of stimulus to help businesses battered by a near halt in economic activity due to the virus outbreak.
Also aiding sentiment were reports that the U.S. Senate was debating a $1 trillion-plus package that would include direct financial help for Americans and that China was set to unleash trillions of yuan of fiscal stimulus.
World stocks recovered overnight from steep falls after central banks in Europe, Japan, Australia and the United States launched a fresh wave of stimulus to help businesses battered by a near halt in economic activity due to the virus outbreak.
Also aiding sentiment were reports that the U.S. Senate was debating a $1 trillion-plus package that would include direct financial help for Americans and that China was set to unleash trillions of yuan of fiscal stimulus.