Sensex, Nifty Rally for Sixth Straight Session on Strong FII Inflows

Equity indices surged over 1% on Monday, with Sensex up 1,011 points at 77,916.80 and Nifty rising 297 points to 23,647.85. The rally was driven by easing FPI outflows, a stronger rupee, and positive global cues. Banking stocks led gains, with Kotak Mahindra Bank, Axis Bank, and SBI Life rising up to 3%.