Sensex Surges Over 600 Points Amid Positive Global Cues, Nifty Trades Above 15,850

Indian equity benchmarks on Monday traded higher in opening deals, extending their gains for the third straight session amid positive cues from the global markets.

Asian stocks gained amid improved risk sentiment after Wall Street rebounded strongly at the end of last week.

Trends on the Nifty Futures on Singapore Exchange (SGX Nifty) indicated a higher start for the domestic indices.

The 30-share BSE Sensex climbed 616 points or 1.17 per cent to 53,344 in early session, while the broader NSE Nifty moved 186 points or 1.19 per cent up to trade at 15,886.

Mid- and small-cap shares were trading on a strong note today as Nifty Midcap 100 rose 1.10 per cent and small-cap surged 1.18 per cent.