Sensex surges 2,347 points, Nifty jumps 730 –

The Benchmark domestic equity indices, Sensex and Nifty, were trading with strong gains of around three per cent in forenoon trade today after India and Pakistan agreed to a ceasefire over the weekend. The market sentiment was also fuelled by better-than-expected fourth quarter earnings, the strong comeback of foreign investors and positive global cues. The 30-share BSE Sensex soared 2,347 points to 81,801 and the NSE Nifty50 zoomed 730 points to 24,738, when reports last came in.