Markets surge on buying in RIL, foreign fund inflows

Sensex jumped 1.27% to end at 80,218, while Nifty rallied 1.20% to close at 24,328 points

- Press Trust of India

MUMBAI: Benchmark BSE Sensex soared by 1,006 points to close above 80,000 level on Monday as a sharp rally in Reliance Industries and private banks, and foreign fund inflows helped stock markets cut short two days of fall amid India-Pakistan border tensions.

The 30-share BSE Sensex jumped 1,005.84 points or 1.27% to settle at 80,218.37 with 23 of its constituents ending with gains and seven in the red. During the day, it surged 1,109.35 points or 1.40% to 80,321.88.

The NSE Nifty rallied 289.15 points or 1.20% to close at 24,328.50.