Indian Stock Market Sees Major Surge as Global Markets Rally

The Indian stock market witnessed a major surge on Monday, with the Sensex gaining over 600 points to trade above 77,300, while Nifty rose over 200 points, rising above the 24,100 mark.The rally comes after three consecutive days of losses. Investor sentiment was boosted by reports of Iran offering a peace proposal to the US in an effort to resolve the ongoing conflict in West Asia.Global markets also contributed to this positive trend, further lifting investor confidence.