Stock markets surge in early trade as crude oil drops below USD 100 per barrel

MUMBAI: (May 25) Benchmark equity indices Sensex and Nifty surged in early trade on Monday supported by a sharp correction in crude oil prices and arally in global markets amid improving sentiment surrounding the US-Iran negotiations.

The 30-share BSE Sensex jumped 908.98 points to 76,317.85 in early trade. The 50-share NSE Nifty surged 262.65 points to 23,977.70.

From the 30-Sensex firms, Mahindra & Mahindra, HDFC Bank, Bajaj Finance, Bajaj Finserv, Larsen & Toubro, and InterGlobe Aviation were among the biggest winners.