The bulls were back in action in the stock market as Nifty 50 surpassed the 26,000 level during the session on Monday. Market performance was helped by supportive global cues and broad-based buying.

At close, the Sensex was up 566.96 points or 0.67% at 84,778.84, and the Nifty was up 170.9 points or 0.66% at 25,966.05. The BSE Midcap index added 0.7% and smallcap index rose by 0.5%.

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During the day, the 30-share BSE Sensex surged 720.2 points or 0.85% to 84,932.08.

Among Sensex firms, Bharti Airtel, Reliance Industries, Eternal, State Bank of India, Tata Steel and HDFC Bank were the major gainers. However, Kotak Mahindra Bank, Bharat Electronics, Infosys and Bajaj Finance were among the laggards.

Notably, the indices have now gained in seven out of the last eight trading

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