Domestic equity markets witnessed strong gains on Monday as benchmark indices surged sharply. The Sensex jumped by 1,090 points to close near key resistance levels, while the Nifty advanced by 336 points, reflecting broad-based buying across sectors.
Banking, IT, and energy stocks led the rally, supported by positive global cues and easing concerns over crude oil prices. Analysts noted that foreign institutional inflows added momentum, while investor sentiment improved after recent volatility.
Broader indices also mirrored the uptrend, with midcap and smallcap stocks posting significant gains. Market experts highlighted that the rebound was driven by renewed optimism in corporate earnings and expectations of stable macroeconomic indicators.
Traders now look ahead to upcoming inflation data and global central bank signals, which could influence near-term market direction. For the moment, the sharp rally has boosted confidence and lifted overall market sentiment.
