Mumbai: Equity benchmark Sensex surged over 300 points in early trade on Monday. The 30-share BSE index was trading 398.87 points higher at 49,131.42.
Similarly, the broader NSE Nifty rose 108.90 points to 14,786.70.
SBI was the top gainer in the Sensex pack followed by IndusInd Bank, ONGC, Bajaj Finserv, ICICI Bank, HDFC and Infosys.
On the other hand, L&T, Bharti Airtel, Sun Pharma, Titan and Dr Reddy’s were among the laggards.