The Indian stock market witnessed strong buying interest in intraday trade on Monday, 4 May, which drove the benchmarks- the Sensex and the Nifty 50- higher by over 1% each.

The 30-share pack surged by 1,000 points, or 1.3%, to an intraday high of 77,911, while the NSE barometer Nifty 50 rose by 1.2% to the day’s high of 24,290.

The gains were broad-based as the Nifty Midcap 150 and the Nifty Smallcap 250 also rose by more than 1% each during the session.

Investors earned about ₹6 lakh crore in a single session as the overall market capitalisation of BSE-listed firms jumped to ₹469 lakh crore from ₹463 lakh crore in the previous session.

(This is a developing story. Please check back for fresh updates.)