Sensex surges 464 points, Nifty above 8,400 on Asian leads

On Monday in an early trade, Sensex surged over 464 points to an almost 9 months high of  27,591 and NSE nifty retook the 8,400 mark in early session.

Dealer said, Mood took on shine in Asia with Tokyo's Nikkei leading the charge, after Japanese Prime Minister Shinzo Abe's ruling party's victory in parliamentary elections boosted hopes for a fresh stimulus and weekend gains in the US following solid job creation in June. The 30-share index shot up 464.09 points, or 1.71 per cent, to 27,590.99 points, a level last seen on October 26 last year. All sectoral indices led by capital goods, banking, metal and realty were pumped up, gaining by up to 1.78 per cent. NSE Nifty was not behind, trading up 127.30 points, or 1.53 per cent, at 8,450.30.

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