The benchmark BSE Sensex surged practically 750 factors and NSE Nifty rallied over 232 factors on Monday as traders cheered the home financial system returning to optimistic territory after two quarters of contraction. The 30-share BSE index briefly traded above the 50,000-mark through the mid-session, earlier than ending at 49,849.84, displaying an increase of 749.85 factors or 1.53 per cent. Likewise, the NSE barometer Nifty settled with a achieve of 232.40 factors or 1.60 per cent at 14,761.55.
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