BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in trade on Monday. While the BSE Sensex surged over 1,300 points, Nifty50 crossed 24,350 intraday.

The 30-share BSE Sensex pack surged more than 1,350 points to top 80,450 level, while the broader NSE Nifty index moved around 450 points to trade above 24,350. Last checked, Sensex was up 1,261 points or 1.

Food delivery giant Zomato shares rallied 5% in todays trading session, as the company is all set to enter the BSE Sensex. Zomato is going to replace JSW Steel on the BSE Sensex to be included in the list of 30 companies effective from December 23rd,

Sensex Today | Stock Market LIVE Updates | Indian benchmark equity indices Sensex and Nifty50 traded off intra-day highs in the afternoon on Monday after gaining more than 1%, driven by investor optimism after the BJP-led Mahayuti alliance won the Maharashtra elections.

Reliance Industries, the second heaviest-weighed stock in the Nifty 50, gained 2.5%. Most Adani group stocks, too, rose at the open

Markets are drawing optimism from the landslide victory of the Bharatiya Janata Party (BJP)-led coalition in the Maharashtra Assembly elections