The Indian benchmark indices, Sensex and Nifty, soared in the pre-opening market hours on Monday. As tensions between India and Pakistan seemed to ease and the situation along the border remained peaceful for the first time in several days, the sentiment in the market seemed strong.

Around 9:10 AM, the BSE Sensex rallied close to 1,350 points and surpassed 80,800 in the early trading hours. Meanwhile, the NSE Nifty50 climbed over 400 points to touch 24,420 in the session.

This sentiment prevailed after markets opened and the indices surged in the first trading session of the week. Around 9:25 AM, the Sensex jumped more than 1,850 points to trade above 81K at 81,308, while the Nifty rose over 550 points to cross trade above 24,550 in the session.

On the 30-share Sensex, Sun Pharma remained the only laggard. The gainers were driven by Adani Ports, Axis Bank, NTPC, Bajaj Finserv, and Eternal. In the broader markets, the Nifty Microcap 250 led in green and rallied 3.62 per cent in the session. 

Sectorally, the Realty and Financial Services Ex-Bank indices emerged as the largest gainers in the early trading hours and climbed 4.73 per cent and 3.67 per cent respectively. On the other hand, the laggards included Pharma and Healthcare Index which declined 2.22 per cent and 1.58 per cent respectively.