The S&P BSE Sensex surged as much as 211 points in trade on Monday, led by gains in RILBSE 2.62 %, HDFC BankBSE 1.32 %, HDFC and ICICI BankBSE 0.44 %.
Tracking the momentum, the 50-share Nifty index managed to reclaim its crucial psychological level of 7700, supported by gains in oil & gas, consumer durable, realty, banks and power stocks.
The BSE Sensex was trading 0.71 per cent higher or 190 points at 25,831. It hit a low of 25,769.21 and a high of 25,853.54 in trade today.
Energy conglomerate Reliance Industries Ltd leads gains with a 2.9 percent rise on better-than-expected earnings.
MCX shares trading 12.9 percent higher while parent Financial Technologies (India) Ltd up 5.76 percent.
Asian stocks were a fraction firmer as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week.
Tracking the momentum, the 50-share Nifty index managed to reclaim its crucial psychological level of 7700, supported by gains in oil & gas, consumer durable, realty, banks and power stocks.
The BSE Sensex was trading 0.71 per cent higher or 190 points at 25,831. It hit a low of 25,769.21 and a high of 25,853.54 in trade today.
Energy conglomerate Reliance Industries Ltd leads gains with a 2.9 percent rise on better-than-expected earnings.
MCX shares trading 12.9 percent higher while parent Financial Technologies (India) Ltd up 5.76 percent.
Asian stocks were a fraction firmer as investors set aside geopolitical concerns for the moment to focus on the generally upbeat flow of U.S. corporate earnings ahead of a host of results due this week.
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