Sumary of Sensex wobbles as India records highest single-day Covid caseload: Key factors hurting market:
- Surging coronavirus cases have become a serious concern with an increasing number of cities and towns declaring night curfews..
- The US dollar fell to a two-week low against a basket of currencies after the number of Americans filing new unemployment claims increased for the second straight week, last week..
- US Treasury yields fell on Thursday, pressured by fresh dovish comments from Federal Reserve Chair Jerome Powell..
- With 1,31,787 new Covid-19 cases reported as of 11:45 pm on April 8, India registered the highest single-day spike in infections since the beginning of the pandemic….