Share Market live News: Indian indices snapped the two-day losing streak and ended 2 percent higher on Wednesday after Prime Minister Narendra Modi announced a Rs 20 lakh crore economic stimulus. The market also rose today ahead of the Finance Minister Nirmala Sitharaman's address to the nation at 4 pm. The Street believes that the FM could announce few economic reliefs today. Meanwhile, Nifty PSU Bank index remained the best-performing sector of the day, up nearly 7%. Nifty Pharma and Nifty FMCG were the only ones to end in the red. 

The Indian market is likely to open higher on Thursday after Finance Minister Nirmala Sitharaman unveiled stimulus measures for small businesses, NBFCs, power companies and real estate sectors to combat the economic damage caused by the novel coronavirus pandemic.

The Indian market is likely to open higher on Thursday after Finance Minister Nirmala Sitharaman unveiled stimulus measures for small businesses, NBFCs, power companies and real estate sectors to combat the economic damage caused by the novel coronavirus pandemic. At 7:05 am, the SGX Nifty was trading 50.05 points or 0.54 percent higher at 9,260.30, indicating a positive start for the Sensex and Nifty50.

The Indian equity market is expected to open slightly higher on Thursday after Finance Minister Nirmala Sitharaman released first tranche of relief package for the MSMEs, NBFCs, real estate, EPF and few others. On the other hand, global markets traded on a mixed note after U.S. Federal Reserve chairman warned that economic recovery from the coronavirus pandemic would take many months. At 7:25 am, the SGX Nifty traded 40 points or 0.43 percent higher at 9,250, indicating a positive start for the Sensex and Nifty50.