Sensex Surges 1,400 Points, Nifty Clears 24,280

Indian equities posted their sharpest single-session gain in weeks on Monday, with the Sensex surging over 1,400 points, nearly 2%, to an intraday high of 78,270, and the Nifty 50 climbing more than 400 points to 24,281. The combined move added roughly ₹9 lakh crore in investor wealth. Broader markets outpaced the headline indices, with both the Nifty Midcap 100 and Smallcap 100 rising more than 2% each, signaling broad-based participation rather than a narrow large-cap rotation. The rally extended across market capitalizations, suggesting institutional and retail buying aligned in the same session. Midcap and smallcap outperformance typically reflects higher risk appetite and can amplify both gains and subsequent corrections. Traders will watch whether the Nifty 50 can hold above the 24,280 level on follow-through sessions, as that zone has served as a technical reference point. Sustained closes above it would reinforce the near-term bullish structure; failure to hold would flag the move as short-covering rather than fresh accumulation.