look poised to open on a gap-down note on Thursday as a record spike in Covid-19 cases in the country is likely to keep investors on edge. However, market bulls could take heart from strong global cues and the recent ramp-up in vaccine drive announced by the country. High volatility could also mark the session amid weekly F&O expiry.
Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22.
The Nasdaq Composite added 1.19%, the Dow Jones Industrial Average rose 0.93% while the S&P 500 also gained 0.93%.
Tracking firm cues from US markets, Asia stocks bounced. Japan’s Topix index rose 1.4%, Australia’s S&P/ASX 200 Index added 0.1% and the Kospi index rose 0.5%.