The BSE Sensex climbed 256.71 points to 49,206.47 on May 7 while the Nifty50 was up 98.40 points at 14,823.20.
“Global experience also suggests that economic impacts from subsequent waves are smaller than from the first as economies learn to ‘operate with COVID’.
Brent crude was up by 76 cents, or 1.1%, at $$69.04 a barrel by 0039 GMT, having risen by l.5% last week.
The country’s foreign exchange reserves swelled by $3.913 billion to reach $588.02 billion in the week ended April 30, 2021, RBI data showed on Friday.
Data for March was revised down to show 770,000 jobs added instead of 916,000 as previously reported.
With an aim to boost listing of start-ups, markets regulator Sebi has notified a slew of relaxations to norms, including reducing holding period for pre-issue capital and allowing discretionary allotment to eligible investors.