Benchmark Sensex rose by 941 points, while Nifty concluded over the 22,600 level on Monday, boosted by buying in banking and infrastructure equities as well as a global stocks stock market surge.
The 30-share BSE Sensex spiked 941.12 points or 1.28 percent to 74,671.28. During the day, it increased 990.99 points or 1.34 percent to 74,721.15.
The NSE Nifty surged 223.45 points or 1 percent to 22,643.40.
ICICI Bank, SBI, IOCL, Zomato, Info Edge(India), IndusInd Bank, Ulta Tech Cement, Axis Bank, Tata Power, Vedanta, Power Finance Corp, and Kotak Mahindra Bank were the top gainers.
Among the laggards were HCL Technologies, Apollo Hospitals, SBI Cards, DLF, Bajaj Auto, and HDFC Life Insurance.
In Asian markets, Shanghai, Tokyo, South Korea, Hong Kong, Taiwan, and Malaysia have all settled in the positive territory.
European stocks were trading on a mixed note.
US markets concluded with gains on Friday.
Brent crude lost 0.51 percent to USD 88.70 per barrel.
According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 3,408.88 crore on Friday.
On Friday, the Sensex dipped 609.28 points or 0.82 percent to 73,730.16, while the Nifty sank 150.40 points or 0.67 percent to 22,419.95.
Also read: Kenya Dam Explodes, Killing 42, Rescue Operations Underway
Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…
Analysts predict that the stock could drop closer to the Rs 70 mark. Ola Electric…
This election is one of the most divisive in US history. Harris and Trump have…
Opposition members alleged that Pal calls JPC meetings without consulting them and restricts their opportunity…
The Delhi Police opposed Saifi’s bail, citing evidence from WhatsApp messages exchanged among the accused.…
To protect millions of devotees at Maha Kumbh, the UP govt is implementing advanced security…