Sensex surges 2,347 points, Nifty jumps 730

The Benchmark domestic equity indices, Sensex and Nifty, were trading with strong gains of around three per cent in forenoon trade today after India and Pakistan agreed to a ceasefire over the weekend.

The market sentiment was also fuelled by better-than-expected fourth quarter earnings, the strong comeback of foreign investors and positive global cues. The 30-share BSE Sensex soared 2,347 points to 81,801 and the NSE Nifty50 zoomed 730 points to 24,738, when reports last came in.