Stock markets surge in early trade; Sensex jumps over 700 points

Equity benchmark indices Sensex and Nifty jumped in early trade on Monday, driven by buying in blue-chips Reliance Industries, HDFC Bank and foreign fund inflows.A sharp rally in global markets also added to the markets' optimism during the initial trade.The 30-share BSE Sensex jumped 704.37 points to 84,656.56 in early trade. The 50-share NSE Nifty surged 216.35 points to 25,926.20.From the Sensex firms, Reliance Industries climbed over 2 per cent after the firm on Friday reported a 9.6 per cent year-on-ye ...