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Nifty, Sensex rise ahead of RBI governor address


BENGALURU (Reuters) - Indian shares rose in early trade on Friday, a day after the government announced a relief package to help the poor cope with widespread disruptions from a coronavirus-triggered lockdown, as investors hoped for more stimulus measures from the country’s central bank.

Reserve Bank of India Governor Shaktikanta Das is expected to address the media at 10 AM local time on Friday. Many largely expect the central bank to cut interest rates to help tide an already slowing economy threatened by the pandemic.

The NSE Nifty 50 index rose 4.24% to 9,024.70 by 0345 GMT ...


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