Markets Surge as Global Sentiment Improves, Sensex Jumps 1000 Points

By A Staff Reporter

Mumbai: Indian equity markets opened with significant gains on Monday, following a sharp rebound in global indices. According to market expert Sunil Shah, the Sensex surged by almost 1000 points in early trade, buoyed by positive cues from the US and Asian markets.

“Markets have opened, and they seem to be up. The Sensex is up by almost 1000 points,” said Shah. “Yesterday, the Dow Jones recovered substantially after being down by more than 800 points; it closed down by just 300. Today, the Asian markets are also showing a positive trend, including Japan’s Nikkei, which is up 5%.”

Shah noted that while the rebound may appear promising, it could be a technical bounce rather than a sign of sustained recovery. "It is difficult to say if this is a technical bounce back, but people are expecting something positive from Washington D.C.,” he added, hinting at potential policy developments or economic stimulus measures from the U.S. government.

Despite the optimism, Shah cautioned that markets are likely to remain highly volatile. “They will react to every piece of news coming from commercial capitals around the world,” he said.