Sensex rallies 1,266 pts, snaps 7-week losing run; Nifty reclaims 9,100

Equity benchmark Sensex rallied over 1,265 points on Thursday, led by robust buying in auto, financial and IT stocks amid hopes of a second stimulus package from the government to mitigate the blow of the Covid-19 lockdown. After hitting a high of 31,225.20 during the day, the 30-share BSE barometer ended 1,265.66 points or 4.23 per cent higher at 31,159.62. Similarly, the NSE Nifty soared 363.15 points, or 4.15 per cent, to 9,111.90.