Benchmark equity indices Sensex and Nifty surged more than 1 percent on Monday, helped by a rally in blue-chip stocks and the BJP pulling off a stunning performance in Maharashtra, winning a record number of seats to propel the party-led ruling Mahayuti alliance to a landslide victory.
Besides, heavy buying in capital goods, energy and banking stocks also boosted investor sentiments, traders said.
Extending its previous day's sharp rally, the BSE benchmark Sensex jumped 992.74 points or 1.25 percent to settle at 80,109.85.
During the day, it soared 1,355.97 points or 1.71 percent to 80,473.08.
As many as 2,697 stocks advanced, 1,352 declined, and 165 remained unchanged.
The NSE Nifty surged 314.65 points or 1.32 percent to 24,221.90.
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