Benchmark equity indices Sensex and Nifty surged more than 1 per cent 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.

Indian stock markets surged on Monday, driven by the BJP's victory in Maharashtra and a rally in blue-chip stocks. Sensex hit 80,109.85, while Nifty rose to 24,221.90.

From the 30-share Sensex pack, Mahindra & Mahindra, Larsen & Toubro, State Bank of India, Reliance Industries, ICICI Bank and Bajaj Finance were the biggest gainers. JSW Steel and Infosys were the laggards.

India’s equity market on Monday extended the gains made on Friday as the BJP, the ruling party at the centre, performed exceptionally well in the important Maha

Market analysts observed that the positive movement in the markets was a direct response to the Maharashtra election results, which saw the BJP-led coalition secure a decisive win. If historical trends hold, the market is expected to see a short-term rally as the BJP's victory is seen as favourable for business sentiment.

Benchmark equity indices Sensex and Nifty surged more than 1 per cent on Monday, helped by a rally in blue-chip stocks and the BJP pulling off a stunning performance in Maharashtra, winning a record n

The rally was broad-based across all sectors, with bank stocks leading the charge. The S&P BSE Sensex closed at 80,109.85, up 993 points (1.25%), while the Nifty ended at 24,221.90, rising 315 points (1.

Benchmark equity indices Sensex and Nifty surged more than 1 per cent 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.

Oil and Natural Gas Corporation, Bharat Electronics, Larsen and Toubro, Bharat Petroleum Corporation, and Shriram Finance were the top gainers on the NSE Nifty 50 on Monday,.