Indian Stock Market Witnesses Significant Surge, Sensex Jumps Over 521 Points
The Indian stock market witnessed a significant surge on Monday, with the Sensex jumping over 521 points to close at around 78,285. Market analysts attributed the positive bias in Indian equities to stable crude prices, improvement in FIIs inflows trend, and strong performance of large caps. The Nifty 50 gained nearly 160 points to end the session at 24,430, adding more than Rs 2 lakh crore to the total market capitalisation of all companies listed on the NSE.
