The Nifty gained 2.07%, or 418.90 points, to close at 20,686.80 after hitting a high of 20,702.65. The Sensex rose 2.05%, or 1,383.93 points, to close at 68,865.12, with the 70,000 mark in clear sight if the trend persists. Total market capitalisation shot up by ₹7.56 lakh crore (around $91 billion) on Monday.
S&P 500 hits record high buoyed by economic hopes: Markets wrap
Wall Street traders are optimistic about the Federal Reserve’s ability to achieve a soft landing, leading to a rally in riskier markets. The S&P 500