Markets Extend Rally on India-EU FTA Optimism, Global Support

Sensex and Nifty rose sharply in early trade, extending previous gains amid optimism over the India-EU free trade agreement and firm global cues. Sensex jumped 240 points while Nifty gained nearly 90 points (at the time of posting).

ONGC, Coal India and Axis Bank led gains, while Asian Paints and Tata Consumer lagged.