RIL-KKR deal, Wall Street rebound help Sensex gain 330 points

NEW DELHI: Overnight gains on Wall Street boosted sentiments back home as domestic equity indices rebounded on Wednesday overlooking increased tensions between the US and China and concerns over economic recovery. A big deal in Reliance Retail also helped the cause.

US President Donald Trump told the United Nations General Assembly on Tuesday that China must be held accountable for having “unleashed” COVID-19 on the world, prompting Beijing to accuse him of “lies” and abusing the UN platform to provoke a confrontation.