Sensex surges 470 points, Nifty closes above 10,100
Rebounding from Friday's losses, India's benchmark index BSE Sensex surged 469.87 points to close at 33,066 on Monday while the Nifty 50 closed higher by 132.6 points at 10,130. This comes after reports that the US and China have started negotiations to improve the US' access to Chinese markets easing fears of a trade war.