Stock Market LIVE Updates: IndusInd Bank, followed by Tata Steel, Bajaj Finance, ICICI Bank, Axis Bank, NTPC, SBI, HDFC Bank and SBI were among the top laggards in the Sensex pack. On the other hand, Sun Pharma, Infosys, Nestle India and Asian Paints were among the top gainers

On Wednesday, the US central bank repeated its promise of continued extraordinary support, estimating the US economy to shrink by 6.5% in 2020 and the unemployment rate to be at 9.3% at year's end

Extending sharp losses from the previous session, gold prices for June futures on the Multi Commodity Exchange fell by Rs 196, or 0.42%, to Rs 46,600 per 10 gm

Stock Market LIVE Updates: Companies set to announce their earnings are Aurobindo Pharma, DCM Shriram, BPCL, Cholamandalam Investment, MAS Financial Services, Duncan Engineering, DISA, Shriram Asset Management among others

Stock Market LIVE Updates: Ceat, Agro Tech Foods, Daawat, Federal Bank, Lupin, Muthoot Finance, Radico, TVS Motors, Wendt among others will announce will be reporting their quarterly results today.

Coronavirus Lockdown 4.0 India Live Updates: Maharashtra's COVID-19 cases breached 39,000 mark after 2,250 more patients were reported positive of the deadly virus in last 24 hours. The death toll in the state rose to 1,390 after 65 more fatalities were reported since Tuesday

The yellow metal that is seen as a hedge against inflation and currency debasement also saw gains in the commodity market on news the House of Representatives was set to vote on another $3 trillion coronavirus package that could be the opening bid in the next round of fiscal stimulus

The yellow metal for August delivery edged up by Rs 280, or 0.61 per cent, to Rs 45,937 per 10 gram in a business turnover of 5,650 lots

Sensex, Nifty Live News Today: IndusInd Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Kotak Bank and SBI were among the top gainers in the Sensex pack. On the other hand, Sun Pharma, HCL Tech, Reliance Industries and Bharti Airtel were among the top laggards.

Internationally, gold prices were falling marginally amid rising dollar. Prospects of a pickup in manufacturing and a possible restart of activity in the US, also turned commodity investors cautious.

In international markets, spot gold prices also gained upwards as downbeat US weak U.S. retail and manufacturing data heightened fears of a deeper global recession due to the virus outbreak. Overseas, spot gold rose 0.4% to $1,722.02 per ounce, while US gold futures rose 0.9% to $1,755.50.

Sensex, Nifty Live News Today: According to experts, prevailing uncertain market conditions amid the rising cases of the virus and extension of the lockdown period have caused volatility and led to the downfall of broader markets on a global scale.

As gold is seen as a safe investment during volatile times, experts suggest that the precious metal may witness strong upside momentum in the near term as well.

Sensex, Nifty Live News Today: All the indices in Asian counterparts turned red, with Nikkei and Kospi dropping the most after the OPEC+ decided to cut 20% global supply of oil to curb fall in price amid virus outbreak.

Sensex, Nifty Live News Today: Indian indices were the top laggards amongst the key global indices, since the average peak achieved in February 2020. Since then, Brazil index has fallen 40%, followed by India, where the decline stands at 36%. Compared to this, other key indices average decline stands around 31-28% from peak.

In Delhi, price of retail gold declined to Rs 40,920 per 10 gm of 24 karat gold from Rs 42,200 per 10 gm, registered yesterday

Spot gold fell more than 1% today to $1,496.78 per ounce, after falling 5.1% on the previous day to its lowest since November 2019.

Sensex Live updates: After recovering from multi-year lows, BSE Sensex ended 1,325 points higher at 34,103 and Nifty closed 433 points higher at 10,023.

The virus outbreak has now reached almost 100 countries, causing around 4,379 deaths, with the number of infected cases rising to 121,312 today. Of this, 66,909have been recovered globally.

Gold Futures on MCX rose Rs 614 points to the day's high of 44,772 Rs 44,668 per 10 gm. Later, the precious metal was trading at Rs 44,200 per 10 gm, rising Rs 42 against the opening of 44,158 today