Sensex surges 1,233 points, Nifty reclaims 23,400: 5 reasons why stock market rallied today

Indian equity benchmarks started the week with sharp gains, with the Sensex rising 1,233 points and the Nifty reclaiming 23,400. Reliance Industries led the rally after strong Q2 results, while a nearly 4% fall in crude oil prices lifted paint and oil marketing stocks. Dixon Technologies, Delhivery and Muthoot Finance were among the other major gainers.