Stock markets surge in early trade

MUMBAI: (May 4) Benchmark indices Sensex and Nifty surged in early trade on Monday amid easing oil prices and improving global sentiment, with Asian markets also trading higher.

The 30-share BSE Sensex jumped 657.80 points to 77,571.30 in early trade. The 50-share NSE Nifty climbed 213.35 points to 24,215.10.

From the 30-Sensex firms, Maruti surged 4 per cent after the car market leader reported a record total sales of 2,39,646 units in April, a 33.29 per cent year-on-year growth, making a strong start to the new fiscal with its small cars showing robust growth.