The Sensex and Nifty extended their rally for the fourth straight session on Monday (October 20), closing higher on strong buying in Reliance Industries, upbeat global market cues, and sustained foreign fund inflows. The Indian stock market gained momentum as investors bet on blue-chip stocks.

The BSE Sensex jumped 411 points, or 0.49 per cent, to close at 84,363.37 on Monday, while the NSE Nifty 50 rose 133 points, or 0.52 per cent, to 25,843.15. Sensex surged as much as 704 points to touch 84,656.56, reflecting continued optimism in the stock market.

Reliance Industries surge ahead

Reliance Industries shares rose 3.52 per cent, leading the rally on the Sensex and Nifty, after the company reported a 9.6 per cent year-on-year rise in quarterly net profit driven by robust growth in its r

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