The Sensex came close to 60,000 after a 1,058-point surge. It eventually closed at 59,808.97, up 899.62 points, or 1.53%. The Nifty advanced 272.45 points, or 1.57%, to close at 17,594.35 – above its 200-day moving average (DMA), a key trend indicator, of 17,404.11.
Ahead of Market: 10 things that will decide stock market action on Monday
Sensex and Nifty ended last week lower amid range-bound trading, with broader markets also under pressure. Analysts identified four key factors that could drive Dalal